FEMSA Details Tender Offer Consideration

Fomento Economico Mexicano (FMX) has released an update.

Fomento Económico Mexicano (FEMSA) has announced the total consideration for its tender offer to purchase up to $250 million of its outstanding notes, with an early tender premium included. The offer is set to expire on July 3, 2024, unless altered, with an initial settlement date expected for June 20, 2024. This strategic financial move aligns with FEMSA’s broader initiatives to revise its business and capital structure as part of its FEMSA Forward plan announced earlier in the year.

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