TOKYO – Mexican President Felipe Calderon ended his three-day trip to Japan with a call for reliance on his country’s economic potential and on the ultimate success of its battle against organized crime.
Calderon said that Mexico is making progress in strengthening its institutions and police forces to guarantee security, while at the same time launching economic and tax reforms to become a more attractive partner than other emerging powers.
The president met Monday with Emperor Akihito, Empress Michiko and Crown Prince Naruhito, as well as with Prime Minister Yukio Hatoyama and executives of Japanese companies with significant investments in Mexico like Toyota, Mitsubishi and Panasonic.
During his remarks Tuesday to Japan’s main business association, Calderon said that Mexico’s location and workforce make production costs more attractive than those in China, India or Brazil for companies aiming at the U.S. market.
He said that the combination of free trade agreements that Mexico has signed with countries like Japan and the United States and regions like the European Union make it one of the world’s most attractive destinations for investment and for establishing factories and distribution centers.
Calderon told a press conference Tuesday that both Japan, on the side of rich countries, and Mexico, among the developing countries, should lead a movement to develop a new growth model based on renewable energy and respect for the environment.
In that regard he stressed the importance of reaching an agreement at the next U.N. summit on climate change, to be held at the Mexican resort of Cancun at the end of the year, so that “not another year is lost.”
Calderon said that on this trip the relationship of “global strategic partners” has been confirmed with Japan, marked by the 400 years of friendly relations between the two peoples that was celebrated in 2009.
The Mexican president also said that he has agreed with Hatoyama to step up trade and work together on such shared interests as nuclear disarmament, world peace and a quick accord on the Doha round to liberalize world trade. EFE
Source:laht.com/
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Showing posts with label Coca-Cola Mexico. Show all posts
Showing posts with label Coca-Cola Mexico. Show all posts
Wednesday, February 3, 2010
Coca-Cola FEMSA Places US$ 500 Million of Senior Notes in the U.S. Capital Markets
Coca-Cola FEMSA, S.A.B. de C.V. (BMV: KOFL) (NYSE: KOF) ("Coca-Cola FEMSA" or the "Company"), the largest Coca-Cola bottler in Latin America and the second-largest Coca-Cola bottler in the world in terms of sales volume, announces the placement of Senior Notes in the U.S. capital markets, marking its return to the dollar bond market since 1996.
On February 2, 2010, the Company successfully sold US$ 500 million of 10-year bonds at a yield of 4.689% (US Treasury + 105 basis points) with a coupon of 4.625%. This transaction is expected to settle on February 5, 2010.
The book was more than 6 times oversubscribed versus the initially announced size of US$ 400 million.
The proceeds will be used for debt refinancing and general corporate purposes.
Coca-Cola FEMSA, S.A.B. de C.V. produces and distributes Coca-Cola, Sprite, Fanta, Lift and other trademark beverages of The Coca-Cola Company in Mexico (a substantial part of central Mexico, including Mexico City and southeast Mexico), Guatemala (Guatemala City and surrounding areas), Nicaragua (nationwide), Costa Rica (nationwide), Panama (nationwide), Colombia (most of the country), Venezuela (nationwide), Brazil (greater São Paulo, Campiñas, Santos, the state of Mato Grosso do Sul, part of the state of Goias and part of the state of Minas Gerais) and Argentina (federal capital of Buenos Aires and surrounding areas), along with bottled water, beer and other beverages in some of these territories. The Company has 31 bottling facilities in Latin America and serves over 1,500,000 retailers in the region. The Coca-Cola Company owns a 31.6% equity interest in Coca-Cola FEMSA.
Ratio of KOF L to KOF = 10:1
Website: www.coca-colafemsa.com
For Further Information:
Investor Relations
Alfredo Fernández
Email Contact
(5255) 5081-5120 / 5121
Gonzalo García
Email Contact
(5255) 5081-5148
Roland Karig
Email Contact
(5255) 5081-5186
Source:money.cnn.com/
On February 2, 2010, the Company successfully sold US$ 500 million of 10-year bonds at a yield of 4.689% (US Treasury + 105 basis points) with a coupon of 4.625%. This transaction is expected to settle on February 5, 2010.
The book was more than 6 times oversubscribed versus the initially announced size of US$ 400 million.
The proceeds will be used for debt refinancing and general corporate purposes.
Coca-Cola FEMSA, S.A.B. de C.V. produces and distributes Coca-Cola, Sprite, Fanta, Lift and other trademark beverages of The Coca-Cola Company in Mexico (a substantial part of central Mexico, including Mexico City and southeast Mexico), Guatemala (Guatemala City and surrounding areas), Nicaragua (nationwide), Costa Rica (nationwide), Panama (nationwide), Colombia (most of the country), Venezuela (nationwide), Brazil (greater São Paulo, Campiñas, Santos, the state of Mato Grosso do Sul, part of the state of Goias and part of the state of Minas Gerais) and Argentina (federal capital of Buenos Aires and surrounding areas), along with bottled water, beer and other beverages in some of these territories. The Company has 31 bottling facilities in Latin America and serves over 1,500,000 retailers in the region. The Coca-Cola Company owns a 31.6% equity interest in Coca-Cola FEMSA.
Ratio of KOF L to KOF = 10:1
Website: www.coca-colafemsa.com
For Further Information:
Investor Relations
Alfredo Fernández
Email Contact
(5255) 5081-5120 / 5121
Gonzalo García
Email Contact
(5255) 5081-5148
Roland Karig
Email Contact
(5255) 5081-5186
Source:money.cnn.com/
Labels:
Coca-Cola Mexico,
Jobs to Mexico,
Mexico economy
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