OHL Mexico Concession Lands Coupon Inside 6%

OHL Mexico Concession Lands Coupon Inside 6%

Mexico Bonds

OHL Mexico’s Concesionaria Mexiquense (Conmex) road concession unit got a 5.95% coupon on its MXP8.24bn-equivaqlent ($636m) 2035 UDI-denominated bond, according to a report from Fitch. The MXP18.78bn-equivalent private placement also included a second MXP10.54bn-equivalent 2046 zero-coupon UDI-denominated tranche. Both tranches were sold at unspecified discounts that resulted in total proceeds of MXP13.52bn, according to Fitch. The bonds amortize monthly and the tranches have respective weighted

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