Grupo Kuo concludes buyback

Grupo Kuo concludes buyback

Mexico Bonds

Mexico's Grupo Kuo said it has bought back $228.6m, or 70.35%, of its outstanding 6.25% 2022 notes by the final deadline. The Mexican conglomerate offered bondholders $1,050 for every $1,000 exchanged in principal by the early tender deadline of July 7. Bondholders, which participated after July 7 but before the final July 13 deadline received $1,020 for every $1,000. Bondholders also approved the implementation of an indenture, which was included in the LM trade through a co

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