Mexico’s Axo generates pricing tension as LatAm finds momentum
![Mexico, Mexico City, cathedral, people, zocalo, LaTAm, 575](https://assets.euromoneydigital.com/dims4/default/1fd5cdf/2147483647/strip/true/crop/575x383+0+0/resize/840x560!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F4e%2Fdd%2F7d7fd4c979312ee823f3de9de467%2Fadobe-mexico-cathedral-575x375.jpeg)
Grupo Axo, the Mexican fashion retailer, sold $325m of five year notes on its international bond market debut on Tuesday, tightening the price as bankers said Latin America bond markets were in a sweet spot for new issuance.
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