Upcoming issue Issuer: Alpek (Baa3/BB+/BBB-) Issue descripti | Cbonds Global

Upcoming issue

Issuer: Alpek (Baa3/BB+/BBB-)

Issue description: 144A/Reg S senior unsecured notes due 2031 with expected rating BBB- from Fitch 

Currency: USD 

Date: investor calls started on Wednesday, February 17, the deal is expected soon 

Volume: up to $600 mln 

Aim: to finance a tender offer for its 4.5% 20nov2022, USD bonds and the remainder, if any, will be used for general corporate purposes. 

Bookrunners and Lead Managers: Bank of America, Citi and JP Morgan