Financing ·
FEMSA issues CHF 300 million in five-year senior unsecured bonds at a yield of 1.73%
FMXMexican Economic Development Inc
Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA) announced the successful issuance of CHF 300 million in Senior Unsecured Bonds in the Swiss bond market on September 23, 2026. The five-year bonds carry an annual interest rate of 107 basis points over the relevant benchmark, resulting in a yield of 1.73%. The offering received credit ratings of BBB+ from S&P Global Ratings and A from Fitch Ratings. Proceeds will be used for general corporate purposes to improve cost of debt and increase financial flexibility. FEMSA operates in the retail and beverage sectors, including OXXO convenience stores and Coca-Cola FEMSA bottling.