FEMSA flies to Monterrey the week it closes a major bond repayment

FEMSA flew from San Antonio to Monterrey on the evening of June 7, arriving at Del Norte International Airport just before midnight in a Gulfstream G280, tail XA-FMX. The 47-minute hop from Texas comes at the close of a quarter in which the company, per its own earnings release, settled and repaid the outstanding principal of its €500 million exchangeable bonds on February 24, 2026, a transaction that concluded a debt instrument linked to the FEMSA Forward strategy.

The same week the flight touched down, FEMSA is likely processing the final accounting of that repayment, which cost approximately €513.1 million over the bond's life, as well as the separation of its Grupo Nós joint venture in Brazil, completed on February 2. The company also entered a $260 million accelerated share repurchase agreement in December 2025, with final settlement expected in the first quarter of 2026, per filings with the SEC.

This trip fits a pattern: FEMSA's aviation arm, Servicios Aereos Regiomontanos, frequently shuttles executives between Monterrey and U.S. cities like San Antonio, a common stop for business meetings or logistics coordination. The aircraft, a Gulfstream G280 previously operated by Coca-Cola FEMSA, has flown extensively within Mexico and to the United States in recent weeks, supporting a conglomerate that oversees OXXO, Coca-Cola FEMSA, and other operations across 10 countries.