The company Coca Cola Femsa (Kof) decided to place debt in the amount of 500 million dollars, despite its initial intention to do so for 750 million. The senior notes issued will mature in 2035 and were placed with reference to the U.S. Treasury bond for ten years plus 93 basis points, with a coupon of 5.1 percent. The transaction saw broad participation from investment-grade investors, demonstrating the financial discipline and strong credit profile of the company.
The net proceeds obtained from this placement will be allocated to general corporate purposes, such as financing working capital and capital investments, as well as paying off debt. The closing of the transaction is scheduled for May 6, 2025, subject to customary conditions. BNP Paribas Securities Corp., BofA Securities, Inc., and Morgan Stanley & Co. LLC acted as placement agents for the Senior Notes in this operation.
On the other hand, the Government of Nuevo León received three new trains for Line 1 of the Metro at the Talleres station. These units join the 10 already acquired of the MM-25 model, which will be dedicated exclusively to that line. These new acquisitions are expected to improve public transportation service in the state.
In the field of small and medium-sized enterprises, Servicios de Agua y Drenaje de Monterrey (SADM), along with IPA - CAINTRA, conducted the course "Discharge Control Program" last April 30. The objective of this training is to promote better practices in waste management, including standards for the care of drainage, handling of oils and fats. These actions aim to improve the quality of industrial discharges to contribute to environmental care and comply with relevant regulations.
