Auto Parts Maker Hits the Road

Auto Parts Maker Hits the Road

Mexico Bonds

Mexico’s Tenedora Nemak plans to meet investors next week ahead of an expected $300m 7-year bond, according to people familiar with the process. The Grupo Alfa auto parts manufacturer is scheduled to visit London, Santiago, Boston, Los Angeles and New York, finishing Wednesday. Citi, Credit Suisse and Morgan Stanley have been hired to manage what would be Ba2/BB minus Nemak’s first deal in the international markets, and first in any market since 2008. Proceeds will refinance debt, part of a plan

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