Mexichem mulls takeout options

Mexichem mulls takeout options

Mexico Bonds Loans M&A

fMexichem is understood to be assessing takeout options in the bonds and loans markets, to help it pay for the acquisition of Israeli irrigation firm Netafim. The Mexican petrochemicals company could tap into a surging LatAm bond market, which is enjoying issuer-friendly rates of late, sources have said. The loans market, however, gives Mexichem access to funding in the immediate-term. “There is no need to roadshow with a loan,” one banker said.Mexichem could opt for a combination of both asset

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