Liverpool Eyes MXP Debt

Mexican retailer Liverpool is planning to sell up to MXP1bn in fixed or floating rate peso-denominated bonds, according to regulatory documents. It does not communicate the maturity or expected sale date. Proceeds will be used for working capital and general corporate purposes. Banamex is managing the sale. Liverpool last hit local markets in December, raising MXP4bn in 2014 bonds at TIIE plus 4bp via Banamex and HSBC.