KOF taps tight as bonds rally

KOF taps tight as bonds rally


Coca-Cola Femsa (KOF) took advantage of a strong market for bonds on Monday to add $350m to its 2023 and 2043 notes at tighter yields than it registered when it initially sold them in November. The A2/A-/A rated Mexican corporate tapped two tranches of a $2.15bn triple-tranche bond. With the $2.5bn transaction, the firm has refinanced the bulk of its international debt coming due between now and 2017, Jose Castro, investor relations director at KOF, tells LatinFinance. The firm does not plan to

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