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4-Traders Homepage  >  Equities  >  Mexican Stock Exchange  >  Alsea SAB de CV    ALSEA *   MXP001391012

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Alsea de CV : SUCCESSFUL BOND ISSUANCE IN THE MEXICAN MARKET

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10/04/2017 | 10:40pm CEST
ALSEA SUCCESSFUL BOND ISSUANCE IN THE MEXICAN MARKET

Mexico City, October 4, 2017. Alsea, SAB de C.V. (BMV: ALSEA *) the leading operator of Quick Service Restaurants, Coffee Shops, and Casual Dining establishments in Latin America and Spain announces the successful placement of unsecured local bonds in two tranches in the Mexican capital market.

Alsea successfully placed a five-year bond for 1,000 million Mexican pesos at a rate of Interbank Interest Rate (TIIE) 28 days plus 0.90% and another 10-year bond for 2,000 million Mexican pesos at a Fixed Rate of 8.85%.

The placements were jointly oversubscribed 3 times.

This placement was rated with "A+(mex)" for local currency debt by Fitch Ratings and "HR AA-" by HR Ratings.

The proceeds from this issuance will be used to refinance existing loans, significantly improving Alsea's debt profile and optimizing its debt duration.

Disclaimer

This press release contains certain forward-looking statements that reflect the current views and/or expectations of Alsea and its management with respect to its performance, business and future events. We use words such as "believe", "anticipate", "plan", "expect", "intend", "target", "estimate", "project", "predict", "forecast", "guideline", "should" and other similar expressions to identify forward-looking statements, but they are not the only way we identify such statements. Such statements are subject to a number of risks, uncertainties and assumptions. We caution you that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in this release. Alsea is under no obligation and expressly disclaims any intention or obligation to update or revised any forward-looking statements, whether as a results of new information, future events or otherwise.

About Alsea

Alsea is the leading restaurant operator in Latin America and Spain of global brands in the quick service, coffee shop, casual and family dining segments. It has a diversified portfolio, with brands such as Domino's Pizza, Starbucks, Burger King, Chili's, California Pizza Kitchen, P.F. Chang's, Italianni's, The Cheesecake Factory, Vips, El Portón, Archie's, Foster's Hollywood, LAVACA and Cañas y Tapas. The company operates more than 3,200 units and has more than 67,000 employees in Mexico, Argentina, Chile, Colombia, Brazil and Spain. Alsea's business model includes support for its brands through a Shared Services Center that provides all the Administrative and Development Processes, as well as the Supply Chain.

For more information, visit: www.alsea.com.mx

Its shares are traded on the Mexican Stock Exchange under the ticker symbol ALSEA* Salvador Villaseñor Barragán

Investor Relations Telephone: (5255) 7583-2000 [email protected]

Alsea SAB de CV published this content on 04 October 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 04 October 2017 20:39:05 UTC.

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Financials ( MXN)
Sales 2017 42 732 M
EBIT 2017 3 169 M
Net income 2017 1 286 M
Debt 2017 12 865 M
Yield 2017 1,31%
P/E ratio 2017 39,69
P/E ratio 2018 27,05
EV / Sales 2017 1,45x
EV / Sales 2018 1,30x
Capitalization 48 887 M
Chart ALSEA SAB DE CV
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Alsea SAB de CV Technical Analysis Chart | ALSEA * | MXP001391012 | 4-Traders
Technical analysis trends ALSEA SAB DE CV
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 69,9  MXN
Spread / Average Target 19%
EPS Revisions
Managers
NameTitle
Renzo Casillo Chief Executive Officer
Alberto Torrado Martínez Chairman
Rafael Contreras Grosskelwing Chief Financial Officer
Salvador Aponte Escalante Director-Information Technology
Armando Torrado Martínez Director
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