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FEMSA successfully issues CHF 300 million senior bond in the Swiss capital market. The proceeds will be used for general corporate purposes and improving FEMSA's financial flexibility.
Amount Raised
CHF300 Million
Round Type
Venture - Series Unknown
Description
FEMSA announced the successful placement of a CHF 300 million senior bond for a term of 5 years. This bond offers an interest rate of 1.73% and has received a credit rating of BBB+ from S&P Global Ratings. The proceeds will enhance FEMSA's financing cost and financial flexibility. The bond will be listed on the SIX Swiss Exchange.
Fundz sees it the moment FEMSA raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Funding Insights
Based on industry dataFEMSA raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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