Elektra Unit Prices Securitization

Elektra Unit Prices Securitization

Mexico Bonds Structured Finance

Intra Mexicana has raised MXP2.7bn ($199m) through a domestic market securitization. The 2019 floating-rate bonds, backed by receivables of money transfer fees, priced at TIIE+270bp. Proceeds will be used to fund Grupo Elektra’s acquisition of payday

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