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Organization: FEMSA
LEI 549300A8MDWDJNMLV153, SWIFT FEMXMXMTXXX

Organization name
Fomento Economico Mexicano, S.A.B. de C.V.
Country name
Mexico
Country of registration
Mexico
Industry
Food and Beverage Production
Bond debt
5,288 mln USD

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Profile

Fomento Economico Mexicano, S.A.B. de C.V., doing business as FEMSA, is the largest beverage company in Mexico and in Latin America and as of September 2011 also the largest independent Coca-Cola bottler in the world. FEMSA originated as the Cuauhtemoc Brewery in 1890, which, through debt management, was restructured as FEMSA in 1988. It is based in Monterrey, Mexico. FEMSA purchased the Kaiser Brewery in 2006, renaming it FEMSA Cerveja Brasil. FEMSA is the parent company of the world's second largest bottler of Coca-Cola, Coca-Cola FEMSA, S.A. de C.V., and operates OXXO, the largest and most profitable convenience store chain in Latin America.The company is also the owner of C.F. Monterrey, a Mexican football team in the Mexican Primera Division.

Awards

News

30/11/2023 Fitch Ratings affirms FEMSA at "A" (LT Int. Scale (foreign curr.) credit rating); outlook negative
30/11/2023 Fitch Ratings affirms FEMSA at "A" (LT Int. Scale (local curr.) credit rating); outlook negative
30/11/2023 Fitch Affirms FEMSA's IDRs at 'A'; Outlook Negative (Rating action commentary)
23/06/2023 S&P Global Ratings affirms FEMSA at "BBB+" (Foreign Currency LT credit rating); outlook stable
23/06/2023 S&P Global Ratings affirms FEMSA at "BBB+" (Local Currency LT credit rating); outlook stable
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Documentation

IFRS/US GAAP reports

2023
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2021
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2019
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2017
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Codes

  • LEI
    549300A8MDWDJNMLV153
  • SWIFT
    FEMXMXMTXXX
  • SIC
    2086 BOTTLED & CANNED SOFT DRINKS & CARBONATED WATERS
  • ICB
    3,500 Food & Beverage
  • CIK
    0001061736

Credit and ESG Ratings

Macroeconomic Indicators - FEMSA

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