Mayab Set for Securitization

Mayab Set for Securitization

Mexico Bonds Structured Finance

Concorcio de Mayab plans to raise up to MXP4.5bn ($351m) in Mexico's domestic bond market today, according to sources familiar with the sale. The ICA-owned concession operator plans a 2034 peso-denominated tranche with an 11.3-year average life, with size of the tranche not to exceed 40% of the total issuance, and a 2034 UDI-denominated portion with an 11.7-year average life and no size limit. The bonds are expected to pay a spread of 400bp-area to their respective benchmarks, according to a per

Already have an account?

Free trial

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

Free Trial