Grupo Palacio de Hierro S.A., founded in 1891 and headquartered in Mexico City, is a prominent retail company specializing in department store operations throughout Mexico. The company focuses on providing a luxury shopping experience, featuring a wide range of high-end products, including fashion, cosmetics, home goods, and more.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ELPH 11.07% 2025-10-13 MXNGrupo Palacio de Hierro S.A. | Mexico | 2025-10-13 | 11.070 | 0.00 |
| ELPH 7.08% 2027-09-21 MXNGrupo Palacio de Hierro S.A. | Mexico | 2027-09-21 | 7.080 | 8.70 |
| ELPH 7.84% 2029-10-05 MXNGrupo Palacio de Hierro S.A. | Mexico | 2029-10-05 | 7.840 | 10.65 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Grupo Palacio de Hierro made its inaugural bond issuance in 2010 as part of its strategy to enhance liquidity and fund expansion initiatives. Notably, the company issued a significant MXN 3 billion bond in 2021, maturing in 2026, which attracted considerable investor interest due to its competitive yield of 6.5%, outperforming industry averages. As of late 2023, Grupo Palacio de Hierro's bonds have been recognized for their attractive structure, and the company has maintained a strong commitment to transparency and timely communication with bondholders amidst evolving market conditions.