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Emerging MarketsEM LatAm

Nemak prices SLB inside Metalsa

Mexico City, night time, lights, city, LatAm 575

Mexican car parts maker Nemak sold $500m of sustainability-linked bonds on Wednesday in its first issue since it was spun off from conglomerate Grupo Alfa. Nemak’s deal was priced 25bp inside a recent SLB from its similarly rated peer Metalsa.

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