Bancomer Taps Tier 2

Bancomer Taps Tier 2

Mexico Bonds

BBVA Bancomer emerged Monday to add $500m to its 2022 Tier 2 bond. With demand reaching $1.5bn from approximately 105 accounts, the Mexican bank reopened the 6.75% coupon bonds at 109.89 to yield 5.45% or UST+373bp, tight to 5.50% guidance. The A3/BB

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