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Grupo Mexico Unit Clinches Project Bond

Nov 30, 2012

Grupo Mexico’s Mexico Generadora de Energia (MGE) emerged Thursday to raise $575m to help fund a power project. The 2032 notes priced at par with a 5.50% coupon, to yield UST+388bp, and end up tight to...

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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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