Mexican RMBS Springs to Life

Mexican RMBS Springs to Life

Structured Finance

Given long odds of putting out another issue this year, the Mexican RMBS market is showing faint signs of life. Su Casita – a securitizer that needs to issue to survive – has leaned on Sociedad Hipoteca Federal to place MXP1.65bn in 2035 RMBS. The Mexican state lender committed to buy at least 20% of the issue, an SHF official tells LatinFinance, declining to state the amount, which was subject to the final participation from other investors. The transaction was heard placed with a small number

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial