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Fomento Economico Mexicano grosses €995.2 million from debt offering

Fomento Economico Mexicano SA raised gross proceeds of €995.2 million from an offering of 1.75% senior unsubordinated unsecured notes due March 20, 2023.

The company plans to use the proceeds for general corporate purposes or working capital.

Banco Bilbao Vizcaya Argentaria SA, Credit Suisse Securities (Europe) Ltd. and Deutsche Bank AG's London branch were the lead underwriters.