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Mexico's Empresas ICA picks leads for proposed perpetual notes
By Christine Van Dusen
Atlanta, Jan. 21 - Mexico's Empresas ICA SAB de CV has mandated Bank of America Merrill Lynch, Morgan Stanley and Santander for an offering of perpetual notes (expected ratings: Ba3/BB-/) that are non-callable for five years, a market source said.
A roadshow will begin Monday in Singapore and travel to New York, Hong Kong, Boston, Geneva, Zurich and London before wrapping up on Jan. 27.
Empresas ICA is a construction company based in Mexico City.
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