July 19, 2013
Mexico’s Banco Inbursa plans to issue up to MXP6bn ($479m) in domestic bond
Mexico’s Banco Inbursa plans to issue up to MXP6bn ($479m) in domestic bonds August 15, according to people familiar with the borrower’s plans. The 2018 bond will pay a spread to the TIIE. The bank is raising funds to improve its liquidity profile and for general corporate purposes. Inbursa, BBVA Bancomer, Banamex and Banorte-Ixe are managing the transaction, rated AAA on a national scale.