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Coca-Cola FEMSA raises $580 million in Mexican bond sale

BY Reuters | CORPORATE | 02/13/26 09:08 AM EST

MEXICO CITY, Feb 13 (Reuters) - Mexican retailer Coca-Cola FEMSA ?has placed a ?dual-tranche bond offering in ?the national market worth ?10 billion ?pesos ($581.73 million), ?the company said.

* The ?company sold ?7 billion pesos in 10-year ?fixed-rate bonds with a ?coupon ?of 9.12%.

* A second tranche of ?3 billion pesos ?was issued with a three-year term at a variable rate.

* ?Coca-Cola ?FEMSA said ?the proceeds would ?be used for general corporate purposes, including the refinancing of debt maturities.

* The issuance had ?an oversubscription of 3.84 times.

($1 = 17.1900 ?Mexican pesos) (Reporting ?by Aida ?Pelaez-Fernandez)

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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