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Mexican Lender Gets Debt CCD

Dec 14, 2010

Mexican specialty finance institution Navix has closed a MXP4bn infrastructure-focused certificado de capital de desarrollo (CCD) transaction, the first such deal to focus fully on debt investment. The 10-year deal creates a fund that will make loans to contractors and sub-contractors of state-owned energy companies Pemex and CFE, according...

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

Carlos Ramírez, Mexico’s pension regulator, Consar


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