By: Steven Ongenaet
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Advising Grupo Elektra on the creation of a MXN$15,000 million debt programme
The firm advised Grupo Elektra on the creation of a MXN$15,000 million debt programme, and the first issuance of MXN$5,500 million thereunder.
The programme’s flexibility will allow Grupo Elektra to issue notes with different features, including long and short term notes with fixed or variable rates, during a 5 year period.
Grupo Elektra is a specialized financial services and retail company, leader in Latin America, and a mayor provider of short term non-banking loans in the USA.