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Published on 2/16/2021 in the Prospect News Emerging Markets Daily.

Fitch rates Alpek notes at BBB-

Fitch Ratings said it assigned a BBB- rating to Alpek, SAB de CV’s proposed benchmark size senior unsecured notes due 2031.

Proceeds will be used for the tender of its 2022 notes, and the remainder, if any, will be used for general corporate purposes.

Fitch rates Alpek’s long-term foreign-currency and long-term local-currency issuer default ratings BBB- with a stable outlook.


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