Mexico’s Fovissste Raises MXP4.5bn

Mexico’s Fovissste Raises MXP4.5bn

Mexico Bonds Structured Finance

Mexico’s Fovissste has issued MXP4.5bn equivalent in UDI-denominated RMBS. IXE, Banorte, BBVA Bancomer and Bank of America priced the 2040 bonds at Udibonos plus 350bp. The order book was twice over-subscribed. This comes after Infonavit issued

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