April 19, 2013
Mexican lender Unifin Financiera has priced a MXP750m ($61m) 2015 floating-
Mexican lender Unifin Financiera has priced a MXP750m ($61m) 2015 floating-rate domestic bond at TIIE+200bp, according to people familiar with the deal. The deal priced in line with TIIE+200bp price talk. Proceeds will be used to refinance short-term debt and for working capital purposes. Banamex and Banorte-Ixe led the transaction, rated A/A minus on a national scale. In its previous trip to the local market, Unifin raised MXP1bn in a 2-year floating-rate bond at TIIE+225bp in November 2012.