KCSM Raises LM Funds

Apr 25, 2013

Kansas City Southern de Mexico (KCSM) has issued $725m in new 7-year and 10-year bonds to fund a debt repurchase, getting $4.7bn in demand for the pair. The Baa3/BBB minus/BBB minus issuer’s $450m 2023 priced at 99.587 with a 3.00% coupon to yield 3.048%, or UST+135bp, at the tight end of UST+145bp guidance and earlier...

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

Are populist governments like Venezuela & Argentina turning pragmatic?

Vote