Elektra subsidiary prints first cross-border notes Elektra subsidiary prints first cross-border notes Mexican group's retail division prices $500 mln worth of seven-year bonds to yield 5% BondsDebtCapital MarketsCorporate & Sovereign StrategyFixed IncomeMexico Nueva Elektra del Milenio (NEM), the retail division of Mexican financial and retailing corporation Grupo Elektra, sold $500 million worth of seven-year bonds in its debut in the international debt market, according to a source involved in the deal. The company opened the deal with the initial price talk in the low-5% area before it priced the new 4.875% 2028 notes at 99.494 to yield 5%, the source said. BCP Securities, Credit Suisse and Jefferies were the bookrunners.