Best Social Infrastructure Financing
With bonds backed by government health contracts, a Mexican hospital financing opens the way for further deals
When a specialty Mexican hospital sought to raise cash in
2012, it had little inkling of how involved the process would
become. But what quickly became clear was that attempting to
offer a bond that had never before been tested in the peso
market would demand extensive marketing to skeptical
Yet the sale of the bonds by Desarrollo y Operación
de Infraestructura Hospitalaria de Ixtapaluca (Doihi)
ultimately proved not only successful — it...
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