December 18, 2013
Daimler Mexico is planning to issue up to MXP2.5bn ($192m) in 5-year floati
Daimler Mexico is planning to issue up to MXP2.5bn ($192m) in 5-year floating-rate domestic bonds in January, according to people familiar with the issuer’s plans. It originally had targeted November pricing. Banamex, HSBC and Scotiabank are managing the auto manufacturer’s sale, rated AAA on a national scale. Daimler last came to market in November 2012, when it priced a MXP1bn 2015 bond at TIIE+35bp.