Grupo Elektra sells local market bond

Grupo Elektra sells local market bond

Bonds

Grupo Elektra raised MXN2.5bn ($193m) in Mexico’s local market on Tuesday. The 1.7-year deal was priced at 159bp over the TIIE, below spread indications of 160bp-170bp. The deal was 50% oversubscribed, with retail investors making up the bulk of the

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