January 15, 2020
Mexican bottling company Coca-Cola Femsa plans to sell the equivalent of $250 million in peso-denominated notes in the local market, according to documents posted to its website on Tuesday.
Coca-Cola Femsa will issue eight-year notes based on Mbono government bonds and also sell 5.5-year notes with the 28-day TIIE rate as the benchmark, it said in the documents.
The company has hired Citibanamex and Scotiabank to coordinate the debt sale, which is scheduled to take place on February 7.
Mexican bottling company aims to raise $250 mln in a two-part deal after issuing $1.25 bln in international bonds earlier this month