Interacciones Asks Investors on Tenor, Price

Nov 9, 2010

Mexico’s Banco Interacciones is planning to ask the market to set both the tenor and price on an MXP1.5bn bond issue that should happen by early December, CEO Gerardo Salazar tells LatinFinance. The issuer is seeking a 13-36 month tenor, with pricing between TIIE flat and 85bp over TIIE, he adds. “It is going to...

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