Lat Am euro binge stretches to corps as Femsa slurps on seven year

Oliver West

March 15, 2016 05:45 am

Femsa — In this Nov. 4, 2014 photo, masked protesters begin to empty a Coca-Cola distribution truck in the city of Chilpancingo, Mexico. Coca-Cola Femsa SA, the brand's largest bottler in Mexico, has temporarily suspended operations in the capital of the embattled state of Guerrero following attacks on its workers and its trucks. The decision comes amid protests in the southern state around the disappearance of 43 students. Protesting students and teachers have regularly blockaded roads and taken over vehicles delivering everything from milk to snacks. (AP Photo/Alejandrino Gonzalez) | Alejandrino Gonzalez/AP/Press Association Images

Beverage company Femsa became the third Mexican company in a week to sell euro denominated bonds on Monday, jumping on an ECB-driven rally in credit markets to sell €1bn of seven year paper.

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BBVA Deutsche Bank Credit Suisse LatAm Bonds Emerging Markets LatAm Mexico

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Oliver West

US Bureau Chief - Latin America Editor