Chemical brothers line up as Mexichem seeks 5% handle

Mexico, chemicals, Puebla, LatAm
By Oliver West
21 Sep 2017

Two Mexican chemical manufacturers announced roadshows this week, with both Mexichem and Cydsa planning to wrap up meetings on September 26.


In what would be its first new bond since 2014, Baa3/BBB-/BBB rated Mexichem is planning to issue a US dollar-denominated 30 year note, according to investors who’d spoken to the leads.

“Both companies could be interesting,” said one US-based EM bond investor. “But given the price that Mexichem ...

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