Arca Talks MXP Price, Considers International Debut

Arca Talks MXP Price, Considers International Debut

Mexico Bonds

Arca Continental is targeting TIIE+20bp-25bp pricing for a new 2018 domestic bond and Mbonos+100bp-110bp for a 2023 tranche, the Mexican bottler's head of investor relations, Ulises Fernandez, tells LatinFinance. The issuer expects to raise MXP1bn ($80m) in the floating tranche and MXP1.5bn in the fixed, in a sale expected March 20. "We are pretty confident we can achieve tighter spreads on the floating-rate bond as TIIE spreads have tightened, and that development is working towards our advanta

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