Mexico's Grupo Elektra talks benchmark notes due 2018 at 7½% area

By Christine Van Dusen

Atlanta, July 27 - Mexico's Grupo Elektra SAB de CV set price talk for its planned benchmark-sized offering of dollar-denominated notes due 2018 at the 7½% area, a market source said.

BCP Securities, Jefferies and UBS are the bookrunners for the Regulation S-only deal.

The notes are non-callable for four years and are expected to price on Thursday.

Grupo Elektra is a financial and retail corporation based in Mexico City.

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