Compartamos Upsizes, Taps Tight MXP Funds

Compartamos Upsizes, Taps Tight MXP Funds

In what is likely the final Mexican domestic bond deal of the year, Mexico’s Banco Compartamos has reopened its 2015 notes, adding MXP1.5bn ($117.5m) in a tightly priced and upsized sale. After receiving MXP1.7bn demand, and the microlender reopened at 101.80 and priced at a spread of TIIE+57bp, inside of TIIE+59bp price talk. The microlender originally targeted MXP1bn, but postponed issuance by one day to increase the size of the transaction. Investment funds and private banking were among the

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