September 6, 2019 |
Mexico's Alpek has hired Citi, JPMorgan and HSBC to schedule meetings with investors and pitch a $500m bond deal, a market source told LatinFinance.
"They start the roadshow in Boston [on Friday]," said a bonds banker following the deal. "On Monday, they will be in London and Los Angeles and on Tuesday in New York." The new 10-year notes will likely price on Tuesday or Wednesday of next week, the banker added.
The bonds could pique investor interest, the banker said, because Alpek has put up its
Mexican petchem company lines up a $500m bond deal to pay down debt and extend maturities, sources say