Alpek readies new notes for bond buyback

Alpek readies new notes for bond buyback

Corporate & Sovereign Strategy Bonds Debt Fixed Income Mexico

Mexican petrochemicals company Alpek has hired banks to lead investor calls for the sale of new 10-year, dollar-denominated bonds starting on Wednesday, according to a source involved in the deal. Bank of America, Citi and JPMorgan are the global coordinators and joint active bookrunners in the sale, while BBVA, BNP Paribas, HSBC, MUFG and SMBC are the passive bookrunners, the source said. Alpek announced an offer on Wednesday morning to buy back any or all of the $650 million in outstanding 4.5

Already have an account?

Free trial

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

Free Trial