|Bid||0.00 x 7400|
|Ask||0.00 x 1831300|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|Beta (5Y Monthly)||0.51|
|PE Ratio (TTM)||4.39|
|Earnings Date||Feb 10, 2020 - Feb 16, 2020|
|Forward Dividend & Yield||1.32 (6.19%)|
|Ex-Dividend Date||Mar 04, 2019|
|1y Target Est||36.80|
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Alpek, S.A.B. de C.V. New York, September 05, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Alpek, S.A.B. de C.V. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Moody's Investors Service (Moody's) today assigned a Baa3 senior unsecured rating to Alpek, S.A.B. de C.V.'s (Alpek) proposed 10-year senior unsecured global notes for up to $500 million. The proposed notes will be issued by Alpek and will be irrevocably and unconditionally guaranteed on a senior basis by some of its operating subsidiaries which together account for close to 64% and 52%, respectively, of Alpek's consolidated assets and EBITDA. Alpek's Baa3 rating is supported by its relevant positioning within the polyester industry, where it has a significant share of North America's production capacity of terephthalic acid (PTA) and polyethylene terephthalate (PET), efficient cost structure and adequate credit metrics for the rating category.
Latin American stocks hovered near 2019 lows on Wednesday led by steep losses in Argentina and Brazil which resumed trading after a two-day Carnival holiday, while currencies of oil exporters in the region ...