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Arca Well Received in Local Return

Mar 21, 2013

Mexico’s Arca Continental has raised MXP2.7bn ($218m) at tighter than expected levels in its first domestic bond transaction in two years. The sale received at least MXP13.5bn in orders, according to bankers on the deal, to headline a busy day in Mexico that saw MXP8.15bn issued from three transactions. The Mexican bottler priced...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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