# EDGAR Filing Document

**Accession Number:** 0001061736
**File Stem:** 0001104659-23-028220
**Filing Date:** 2023-3
**Character Count:** 13654
**Document Hash:** 560369793c9bd79697b961e64a665e6f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-028220.hdr.sgml**: 20230303

**ACCESSION NUMBER**: 0001104659-23-028220

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230303

**FILED AS OF DATE**: 20230303

**DATE AS OF CHANGE**: 20230303

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MEXICAN ECONOMIC DEVELOPMENT INC
- **CENTRAL INDEX KEY:** 0001061736
- **STANDARD INDUSTRIAL CLASSIFICATION:** BOTTLED & CANNED SOFT DRINKS CARBONATED WATERS [2086]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** O5
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-35934
- **FILM NUMBER:** 23701818

**BUSINESS ADDRESS:**
- **STREET 1:** GENERAL ANAYA NO 601 PTE
- **STREET 2:** COLONIA BELLA VISTA
- **CITY:** MONTERREY, N.L.
- **STATE:** O5
- **ZIP:** 64410
- **BUSINESS PHONE:** 528183286167

**MAIL ADDRESS:**
- **STREET 1:** GENERAL ANAYA NO 601 PTE
- **STREET 2:** COLONIA BELLA VISTA
- **CITY:** MONTERREY, N.L.
- **STATE:** O5
- **ZIP:** 64410

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

For the month of March 2023

FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V.

(Exact name of Registrant as specified in its charter)

Mexican Economic Development, Inc.

(Translation of Registrant's name into English)

United Mexican States

(Jurisdiction of incorporation or organization)

General Anaya No. 601 Pte.<br> Colonia Bella Vista<br> Monterrey, Nuevo León 64410<br> México

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports

under cover of Form 20-F or Form 40-F:

Form 20-F ⌧ Form 40-F ◻

Indicate by check mark if the registrant is submitting the Form 6-K in paper as

permitted by Regulation S-T Rule 101(b)(1): _______

Indicate by check mark if the registrant is submitting the Form 6-K in paper as

permitted by Regulation S-T Rule 101(b)(7): _______

Indicate by check mark whether by furnishing the information contained in this

Form, the registrant is also thereby furnishing the information to the

Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ◻ No ⌧

If "Yes" is marked, indicate below the file number assigned to the registrant in

connection with Rule 12g3-2(b): 82-_____________

This report on Form 6-K shall be deemed to be incorporated by reference into the Amended and Restated Offer to Purchase, dated February 17, 2023, relating to the previously announced cash tender offers by Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA)

<u>CONTENTS</u>

[Exhibit 99.1. Press release from Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA), dated March 3, 2023, announcing early tender results and acceptance of notes for its previously announced tender offers](tm238466d1_ex99-1.htm).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the

registrant has duly caused this report to be signed on its behalf of the

undersigned, thereunto duly authorized.

---

| |
|:---|
| FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. |
| By: <u>/s/ Eugenio Garza y Garza</u> |
| Eugenio Garza y Garza |
| Director of Finance and Corporate Development |

---

Date: March 3, 2023

## Exhibit 99.1

**Exhibit 99.1**

**FEMSA ANNOUNCES EARLY TENDER RESULTS AND ACCEPTANCE OF NOTES FOR**

**ITS PREVIOUSLY ANNOUNCED TENDER OFFERS**

**March 3, 2023**

**MONTERREY, MEXICO - FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V.** (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) ("<u>FEMSA</u>") today announced the early tender results and acceptance for its previously announced offers to purchase for cash FEMSA's notes of the series set forth in the table below (all such notes, the "<u>Notes</u>" and each such series, a "<u>series</u>" of Notes), for an aggregate purchase price, excluding accrued and unpaid interest and additional amounts, if any (the "<u>Aggregate Purchase Price</u>"), of up to US$2.0 billion (the "<u>Tender Cap</u>"), from registered holders of the Notes (each a "<u>Holder</u>" and, collectively, the "<u>Holders</u>"). We refer to our offer to purchase each series of Notes as an "<u>Offer</u>" and collectively as the "<u>Offers</u>." The Offers are being made pursuant to the terms and subject to the conditions set forth in the amended and restated offer to purchase dated February 17, 2023 (as amended or supplemented from time to time, the "<u>Offer to Purchase</u>").

The following table summarizes the early tender results for the Offers as of 2:00 a.m., New York City time today, March 3, 2023 (the "<u>Early Tender Time</u>"):

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Notes**<br>| **CUSIP/ISIN** | **Principal Amount Outstanding** | **Acceptance Priority Level** | **Total Consideration<sup>(1)</sup>** | **Principal Amount Tendered** | **Principal Amount Accepted for Purchase** |
| 3.500% Senior Notes due 2050 | 344419 AC0 / US344419AC03 | US$2,500,000,000 | 1 | US$752.78 | US$942,854,000 | US$942,854,000 |
| 4.375% Senior Notes due 2043 | 344419 AB2 / US344419AB20 | US$700,000,000 | 2 | US$869.57 | US$146,750,000 | US$146,750,000 |
| 0.500% Senior Notes due 2028 | -/ XS2337285519 | €700,000,000 | 3 | €848.76 | €387,971,000 | €387,971,000 |
| 1.000% Senior Notes due 2033 | -/ XS2337285865 | €500,000,000 | 4 | €751.49 | €255,138,000 | €255,138,000 |

---

(1) Per US$1,000 or €1,000, as applicable, principal amount of each series of Notes validly tendered (and not validly withdrawn)
on or prior to the Early Tender Time and accepted for purchase pursuant to the Offers. The Total Consideration (as defined below) for
each series of Notes includes an early tender premium in the amount of US$30 per US$1,000 or €30 per €1,000, as applicable,
principal amount of Notes validly tendered on or prior to the Early Tender Time (and not validly withdrawn) and accepted for purchase
pursuant to the Offers (the " <u>Early Tender Premium</u> ").

FEMSA has accepted for purchase all Notes validly tendered (and not validly withdrawn) in the Offers on or prior to the Early Tender Time. Holders who validly tendered (and not validly withdrew) their Notes on or prior to the Early Tender Time and whose Notes have been accepted for purchase are entitled to receive the applicable total consideration set forth in the table above (the "<u>Total Consideration</u>"), which includes the Early Tender Premium, *plus* accrued and unpaid interest on the accepted Notes from and including the last interest payment date to, but not including, the Initial Settlement Date (as defined below) and additional amounts thereon, if any.

FEMSA has decided to amend the terms of the Offers as follows: Holders who validly tender (and not validly withdraw) their Notes after the Early Tender Time but on or prior to the Expiration Time (as defined below) and whose Notes are accepted for purchase (the date of such purchase, the "<u>Final Settlement Date</u>") will, subject to the terms and conditions of the Offers as provided in the Offer to Purchase, be entitled to receive the applicable Total Consideration, which includes the applicable Early Tender Premium, *plus* accrued and unpaid interest on the accepted Notes from and including the last interest payment date to, but not including, the Final Settlement Date, and additional amounts thereon, if any.

Notes tendered on or prior to the Early Tender Time, which have been accepted for purchase on the Initial Settlement Date will have priority over Notes tendered after the Early Tender Time. If the Offers are oversubscribed at the Expiration Time, then only a portion of Notes tendered after the Early Tender Time may be accepted for purchase pursuant to the proration procedures described in the Offer to Purchase.

The total cash payment to purchase the accepted Notes on the Initial Settlement Date will be approximately US$1,389.4 million, excluding accrued and unpaid interest to but not including the Initial Settlement Date and additional amounts thereon (based on the U.S. dollar exchange rate described herein).

Notes that have been validly tendered (and not validly withdrawn) on or prior to the Early Tender Time, or that are validly tendered on or prior to the Expiration Time, cannot be withdrawn, except as may be required by applicable law.

The initial settlement date on which FEMSA will make payment for Notes tendered (and not validly withdrawn) on or prior to the Early Tender Time and accepted in the Offers is expected to be March 7, 2023 (the "<u>Initial Settlement Date</u>").

The Offers will expire at 11:59 p.m., New York City time, on March 16, 2023, unless extended or earlier terminated with respect to an Offer (such time and date, as the same may be extended or earlier terminated with respect to an Offer, the "<u>Expiration Time</u>").

All conditions described in the Offer to Purchase that were to be satisfied or waived on or prior to the Early Tender Time have been satisfied or waived.

Except as described in this press release, all other terms of the Offers as described in the Offer to Purchase remain unchanged.

The Euro/U.S. dollar exchange rate used herein is US$1.06 per €1.00, calculated as of 11:00 a.m., New York City time on March 2, 2023, as reported on Bloomberg screen page "FXIP" under the heading "FX Rate vs. USD."

**\* \* \***

FEMSA has engaged BofA Securities, Inc. as dealer manager in connection with the Offers (the "<u>Dealer Manager</u>"). Global Bondholder Services Corporation is acting as the tender and information agent for the Offers.

This press release is neither an offer to purchase nor a solicitation of an offer to sell the Notes. The Offers are not being made to Holders in any jurisdiction in which FEMSA is aware that the making of the Offers would not be in compliance with the laws of such jurisdiction. In any jurisdiction in which the securities laws or blue sky laws require the Offers to be made by a licensed broker or dealer, the Offers will be deemed to be made on FEMSA's behalf by the Dealer Manager or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction. Any questions or requests for assistance regarding the Offers may be directed to BofA Securities, Inc. at (888) 292-0070 (toll-free) or (646) 855-8988 (collect) or (+44) (207) 996 5420. Requests for additional copies of the Offer to Purchase and related documents may be directed to Global Bondholder Services Corporation at (212) 430-3774 or (855) 654-2014 (toll-free).

Neither the Offer to Purchase nor any documents related to the Offers have been filed with, nor have they been approved or reviewed by, any federal or state securities commission or regulatory authority of any country. No authority has passed upon the accuracy or adequacy of the Offer to Purchase or any documents related to the Offers, and it is unlawful and may be a criminal offense to make any representation to the contrary.

**FEMSA Forward Announcement**

The offers described above form an integral part of the series of strategic initiatives announced by FEMSA on February 15, 2023, as a result of a thorough strategic review of its business platform, including the bottom-up definition of long-range plans for each business unit, as well as the top-down analysis of FEMSA's corporate and capital structure. That announcement is available at: https://www.globenewswire.com/news-release/2023/02/15/2609255/0/en/FEMSA-Forward-Announcing-results-of-strategic-review.html. That announcement does not form part of this communication.

**About FEMSA**

FEMSA is a company that creates economic and social value through companies and institutions and strives to be the best employer and neighbor to the communities in which it operates. It participates in the retail industry through a Proximity Division operating OXXO, a small-format store chain, OXXO Gas, a chain of retail service stations, and Valora, an operator of convenience and foodvenience formats present in 5 countries in Europe. In the retail industry it also participates though a Health Division, which includes drugstores and related activities and Digital@FEMSA, which includes Spin by OXXO and OXXO Premia, among other loyalty and digital financial services initiatives. In the beverage industry, it participates through Coca-Cola FEMSA, the largest franchise bottler of Coca-Cola products in the world by volume. FEMSA also participates in the logistics and distribution industry through its Strategic Business Unit, which additionally provides point-of-sale refrigeration and plastic solutions to its business units and third-party clients. Across its business units, FEMSA has more than 320,000 employees in 18 countries. FEMSA is a member of the Dow Jones Sustainability MILA Pacific Alliance, the FTSE4Good Emerging Index and the Mexican Stock Exchange Sustainability Index: S&P/BMV Total México ESG, among other indexes that evaluate its sustainability performance.

**Forward-Looking Statements**

This press release contains forward-looking statements. Forward-looking statements are information of a non-historical nature or which relate to future events and are subject to risks and uncertainties. No assurance can be given that the transactions described herein will be consummated or as to the ultimate terms of any such transactions. FEMSA undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or future events or for any other reason.