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Nemak SAB De CV

NEMAKA.MX

Latest Trade

9.09MXN

Change

-0.13(-1.41%)

Volume

2,259,889

Today's Range

9.03

 - 

9.40

52 Week Range

7.11

 - 

15.70

As of on the Mexico Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

Mexico's Nemak says expects 2017 EBITDA of $802 mln

Nemak Sab De Cv <NEMAKA.MX> : Mexico's Nemak says expects 2017 EBITDA of $802 million, investment in fixed assets of $430 million Further company coverage: [NEMAKA.MX] (Reporting By Christine Murray) ((Christine.Murray@thomsonreuters.com; 0044-207-542-6468;)).

Nemak SA de CV completes IPO, places 537.6 mln shares

Nemak SA de CV:Successfully placed 537.6 mln shares, 20 pesos each on national and international markets.Total value of the IPO amounts to 10,752 million pesos and may increase to around 12,364.8 million pesos if oversubscription option is exercised.Company to start trading on Mexican Stock Exchange as of July 1.

Fitch upgrades credit ratings on Tenedora Nemak SA de CV

Tenedora Nemak SA de CV:Says Fitch Ratings has upgraded its Issuer Default Rating (IDR) on the company on global scale to BB from BB- and IDR on global scale in local currency to BB from BB-.Says Fitch has upgraded its national long-term credit rating on the company to A(mex) from A-(mex).Says the outlook is stable.

Tenedora Nemak SA de CV Chooses Location For Its New Plant In Russia

Tenedora Nemak SA de CV announced that it has chosen the city of Ulyanovsk to install its new plant in Russia. Ulyanovsk is located 893 kilometers east of Moscow and the plant will be located in the industrial park Zavolzhye, in the area of 18.6 hectares. The plant will start its operations in 2015. The investment value will amount to approximately USD 80 million.

Standard & Poor’s Upgrades Its Credit Ratings On Tenedora Nemak SA de CV

Tenedora Nemak SA de CV announced that Standard & Poor’s has upgraded its credit ratings on the Company to BB+ from BB- on the global scale and to mxAA- from mxA- on the national scale due to strong operating performance and support from its controlling company. The outlook is stable.

Fitch Ratings Upgrades Credit Rating On Tenedora Nemak SA de CV

Tenedora Nemak SA de CV announced that Fitch Ratings has upgraded its long-term corporate credit ratings on the Company within the national scale at A-(mex) from BBB (mex). The outlook is stable.

Fitch Ratings Affirms Credit Rating On Tenedora Nemak SA de CV

Tenedora Nemak SA de CV announced that Fitch Ratings has affirmed its long-term corporate credit ratings on the Company within the national scale at BBB (mex). The outlook is stable.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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