Grupo Posadas hits market after tender

Grupo Posadas hits market after tender

Bonds

Grupo Posadas sold a 7.875% $350m 2022 non-call four on Thursday, and will use the proceeds to finance a tender offer for an older bond that was nearly 90% subscribed. Bookrunners Bank of America-Merrill Lynch, Citi and JPMorgan priced the bond at pa

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