Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Kuo Sees 50-50 Odds of Calling Its 2017 Dollar Bonds in October

Don't Miss Out —
Follow us on:

Aug. 13 (Bloomberg) -- The chances of Grupo Kuo SAB exercising an option to call its 2017 dollar bonds in October are “50-50,” said Luis Eduardo Diaz, the financing manager at the Mexican auto-parts producer.

“We’ve been evaluating the market and we’ve seen bonds coming out with good, attractive coupons,” Diaz said in a telephone interview Aug. 10 from Queretaro, Mexico. “We’ve been looking at our alternatives, but we haven’t decided if we’re going to do something or not this year.''

The Mexico City-based company has to decide if it wants to call the bond by the end of this month in order to have sufficient time to line up a new bond sale, he said.

To contact the reporter on this story: Jonathan J. Levin in Mexico City at jlevin20@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.