Mexican Retailer Eyes Local Tap

Mexico’s Liverpool aims to place new 10-year bonds in the domestic market in May, according to regulatory filings. The issuer is heard looking to raise up to MXP3.5bn, a maximum MXP2.5bn in fixed rate peso bonds and up to MXP1bn in fixed rate UDI-denominated paper. Banamex and HSBC are managing the sale, which would raise funds for general corporate purposes.