Coca-Cola Femsa prices new notes under sovereign bonds

Coca-Cola Femsa prices new notes under sovereign bonds

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Mexico US

Mexican bottling company Coca-Cola Femsa issued $1.25 billion worth of 10-year notes at 100 basis points over US Treasury notes on Wednesday, 50 basis points tighter than a 10-year, $1.75 billion deal by the government this week, according to a source familiar with the details of the transaction. Coca-Cola Femsa issued the new 2030 notes with a coupon of 2.75% at a reoffer price of 98.972 to yield 2.869%. The bookrunners Bank of America, Goldman Sachs and Citi had opened the initial price talk a

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial