Fomento Economico Mexicano (FMX) has released an update.
Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA) has launched a cash tender offer to repurchase up to $250 million of its outstanding notes, prioritizing submissions made before the early tender deadline. Holders who tender their notes by this deadline are entitled to an additional premium. The offer, subject to certain terms and conditions, may be prorated if demand exceeds the cap, and FEMSA retains the right to amend or withdraw the offer.
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