BRIEF-Mexican Miner Grupo Mexico Issues $1 Billion Bond To Finance Investments

Reuters
11 Feb
BRIEF-Mexican Miner Grupo Mexico Issues $1 Billion Bond To Finance Investments

Feb 10 (Reuters) - Grupo Mexico SAB de CV GMEXICOB.MX:

  • MEXICAN MINER GRUPO MEXICO, THROUGH SUBSIDIARY MINERA MEXICO, ISSUES $1 BILLION BOND IN INTERNATIONAL MARKETS TO FINANCE INVESTMENTS IN THE COUNTRY

  • ON FEBRUARY 5, MINERA MEXICO ISSUED $1 BILLION BOND IN INTERNATIONAL MARKETS WITH A 7-YEAR MATURITY

  • DEBT ISSUE HAS AN INTEREST RATE OF 5.6%

  • FUNDS OBTAINED THROUGH THIS ISSUE WILL BE USED TO FINANCE INVESTMENT PROJECTS IN MEXICO, INCLUDING ACTIONS TO IMPROVE EFFICIENCY AND PRODUCTIVITY

Source text: [here]

Further company coverage: GMEXICOB.MX

(Reporting by Mexico City newsroom)

((mexicocity.newsroom@reuters.com;))

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