Mexichem Seeks Equity, Debt Sale

Mexichem Seeks Equity, Debt Sale

Mexico Equity Bonds

Mexican industrial conglomerate Mexichem has taken initial steps in a financing plan that would consist of $2bn in equity and debt, the company says, as it seeks to refinance existing debt and address working capital. It aims to raise $1bn via a capital increase and a separate $1bn portion in USD long-term debt. Pending National Banking and Securities Commission (CNBV) and Mexican Stock Exchange (BMV) approval, Mexichem would pursue a primary public offering among investors in Mexico, with distr

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial