Mexico’s Femsa debuts in euro bonds

Fomento Economico Mexicano sold euro-denominated debt for the first time on Monday, joining a wave of Mexican borrowers tapping the market as the European Central Bank starts buying investment-grade company debt. emsa, which owns Latin America’s largest convenience-store chain as well as a stake in Heineken NV, sold 1 billion euros ($1.1 billion) in seven-year bonds.

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