Fibra Uno joins long-end spree with $1bn dual-tranche bond

Jan 24, 2014

Mexican real estate trust Fibra Uno raised $1bn from international investors on Thursday with a dual-tranche bond that picked up on a trend for long dated paper. The Baa2/-/BBB rated borrower sold a $600m December 2024 note at 250bp over US Treasuries, equal to a 5.281% yield, and a $400m 30-year tranche at 350bp over, equal to a 7.188% yield. Those levels were in...

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

Upcoming Events

Poll

Which area will be most profitable for investment banks in LatAm in 2016?

Vote    




Popular Searches