October 3, 2012
Mexico’s Sanluis is expected to price a new $250m 2022 NC5 bond today, afte
Mexico’s Sanluis is expected to price a new $250m 2022 NC5 bond today, after finishing meetings and indicating high 9% yield intentions Monday. The vehicle parts manufacturer’s 144A/RegS notes are to be guaranteed by all almost all of its subsidiaries. Proceeds from the sale are destined to refinance debt. Bank of America Merrill Lynch and JPMorgan are managing the Ba3/B/B+ transaction.