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Mexico's Elementia to start roadshow Wednesday for dollar-denominated 10-year note offering
By Paul A. Harris
St. Louis, May 3 - Mexico's Elementia SA will begin an international roadshow on Wednesday for its dollar-denominated offering of 10-year notes (expected ratings Ba2//BB+), according to a market source.
Citigroup and Deutsche Bank Securities are the joint bookrunners for the Rule 144A and Regulation S offering.
The notes come with five years of call protection.
Elementia is a Mexico City-based manufacturer and distributor of copper, aluminum, fiber cement, concrete polyethylene, and styrene products for the industrial, construction and infrastructure sectors in Mexico, the United States and Latin America.
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