Grupo México schedules peso notes

Grupo México schedules peso notes

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Mexico

GMéxico Transportes, the railroad division of Grupo México, could raise up to MXN7.8bn ($394m) from a two-part bond sale in the local market, according to a report from S&P Global. The company will divide the deal into one series of four-year notes and another of 10-year notes. It will use the money to pay off loans and cover general corporate purposes, according to S&P. "Likewise, the capital structure will improve since certain financial restrictions will be eliminated and the term o

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