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Emerging MarketsEM LatAm

Alpek to refi 2022s after strong Q4 volumes

Polyethylene, Idesa, PE, chemicals, petrochemicals, Mexico, LatAm, 575

Mexican petrochemicals producer Alpek, which lost one of its investment grade ratings for the first time last September, was holding calls with fixed income investors this week ahead of a proposed liability management exercise that would push its average debt maturity from 4.4 years to seven years.

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