December 14, 2012
Mexico’s Grupo Financiero Interacciones has issued MXP1.2bm ($94m) in 2015
Mexico’s Grupo Financiero Interacciones has issued MXP1.2bm ($94m) in 2015 floating-rate bonds, less than the MXP1.5bn sought and 15bp wide to TIIE+135bp price talk. The A/A+ bank specializing in sub-national and public infrastructure lending priced at TIIE+150bp. Proceeds will be used to maintain liquidity and for general corporate purposes. Interacciones self-led the transaction, rated A/A+ on a national scale. Last month it raised MXP700m in 2022 subordinated bonds at TIIE+250bp.