Mexico's largest electronics retailer Grupo Elektra S.A. is launching its sixth transaction through GBM Casa de Bolsa SA. This time around, the notes will be denominated in inflation-pegged units or UDIs.

The $37.8 million in notes are backed by account receivables at Elektra stores and will carry an interest rate equal to the value of the 91-day UDI plus a differential that will be set at launch.

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