Fibra Uno joins long-end spree with $1bn dual-tranche bond
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...
Already have an account?
Subscribe now for unlimited access to all current and archive news, data and market analysis.
Take a free two-week trial now for the latest news, data and market analysis.