Mexico RMBS Attempts Hito Comeback

Aug 24, 2009

Mexican RMBS issuers face extremely challenging borrowing conditions, but some are trying to source liquidity with a structure developed by Hipotecaria Total (HiTo). Erstwhile frequent RMBS issuer Su Casita – which has been shut out of the market for months – is preparing to issue a new note worth around $100m that could carry an average tenor of 7 years,...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

LatinFinance Events

Poll

Who will be Brazil's next finance minister?

Vote    




“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management