Mexican Retailer Targets Bridge Takeout

Mexican Retailer Targets Bridge Takeout

Mexico Bonds

Office Depot Mexico (ODM) is planning to issue new bonds to help cover the cost of parent Grupo Gigante’s buyout of the office products retailer. A $350m 2020 is in the works, according to Fitch, which assigns a BB+ rating. ODM is set to begin a roadshow Friday in Santiago, and will visit Los Angeles, New York, Boston and London through September 12, according to people following the process. BBVA and Credit Suisse are managing. Gigante agreed in June to buy the 50% of ODM it did not own from Of

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