Bond Alpek SAB de CV 4.25% ( US020564AD27 ) in USD

Issuer	Alpek SAB de CV
Market price	100 % ▲
Country	Mexico
ISIN code	US020564AD27 ( in USD )
Interest rate	4.25% per year ( payment 2 times a year)
Maturity	17/09/2029
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Minimal amount	200 000 USD
Total amount	500 000 000 USD
Cusip	020564AD2
Standard & Poor's ( S&P ) rating	BB+ ( Non-investment grade speculative )
Moody's rating	Baa3 ( Lower medium grade - Investment-grade )
Next Coupon	18/03/2026 ( In 94 days )
Detailed description	Alpek S.A.B. de C.V. is a Mexican petrochemical company producing and selling petrochemicals, including purified terephthalic acid (PTA), polyethylene terephthalate (PET), and polypropylene (PP). This financial instrument under review is a bond issued by Alpek S.A.B. de C.V., a prominent Mexican petrochemical company globally recognized as a leading producer of purified terephthalic acid (PTA) and polyethylene terephthalate (PET). Identified by ISIN US020564AD27 and CUSIP 020564AD2, this USD-denominated bond, currently trading at 100% of its par value, offers an annual interest rate of 4.25%, with payments scheduled semiannually. The total issuance size for this instrument stands at $500,000,000, and it matures on September 17, 2029, with a minimum purchase requirement of $200,000. From a credit perspective, Standard & Poor's has assigned a 'BB+' rating, placing it in the speculative grade category, while Moody's has provided a 'Baa3' rating, signifying an investment-grade classification, thus offering a dual perspective on the issuer's credit profile and perceived risk.