Liverpool assesses MXN return

Liverpool assesses MXN return

Mexico Bonds

El Puerto de Liverpool is assessing a potential two-tranche bond sale in Mexico’s debt capital markets in a bid to pay down maturing debt. The Mexican retailer is expected to print up to MXN5bn ($1.58bn) in five-year floating-rate notes and 10-year fixed-rate paper, according to a report from S&P Global Ratings. The rating agency gave the prospective trade a AAA local rating. Liverpool has completed a number of transactions in the last year, including a benchmark bond sale in foreign waters

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