Mexican State Completes Toll ABS

Sep 6, 2013

The Mexican state of Chihuahua has priced the final two tranches of a three-tranche securitization of toll road revenues, completing a MXP15bn ($1.13bn) fundraising, according to people familiar with the matter. A MXP1.5bn fixed-rate...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management