Fomento Economico Mexicano S.A.B. de C.V. (FEMSA), founded in 1890 and based in Monterrey, Mexico, is a leading consumer goods and beverage company focused on the retail and wholesale distribution of products. FEMSA operates through several segments, including its notable OXXO convenience stores, Coca-Cola bottling operations, and a solid platform for drugstore retailing.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| FEMSA 0.50% 2028-05-28 EURFomento Economico Mexicano S.A.B. de C.V. | Mexico | 2028-05-28 | 0.500 | 3.14 |
| FEMSA 1.00% 2033-05-28 EURFomento Economico Mexicano S.A.B. de C.V. | Mexico | 2033-05-28 | 1.000 | 3.88 |
| FEMSA 3.50% 2050-01-16 USDFomento Economico Mexicano S.A.B. de C.V. | Mexico | 2050-01-16 | 3.500 | 5.60 |
| FEMSA 4.38% 2043-05-10 USDFomento Economico Mexicano S.A.B. de C.V. | Mexico | 2043-05-10 | 4.375 | 5.51 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
FEMSA began issuing bonds in the 1990s, gaining traction in the capital markets with significant bond offerings, including its 2010 debut in the U.S. market. Their latest issuance in 2023 was well-received, reflecting a strong demand with yields competitive against industry averages. FEMSA's bonds often feature unique clauses that allow for missed interest payments during certain financial covenants, showcasing its flexible approach to financing amid market fluctuations. Recent news highlights their continued commitment to sustainability and innovation, augmenting investor interest.