Aeromexico Lands Ex-Im Bonds

Aeromexico Lands Ex-Im Bonds

Mexico Bonds

Aeromexico has issued $117m in bonds guaranteed by the US Export-Import Bank, after seeing $375m in demand. The 2025 bonds sold through the Mexican Aircraft Finance IV entity have a 6.39-year average life and priced at par with a 2.537% coupon, or MS+58bp, tight to 60bp-area guidance. “This transaction represents the first time a [Mexican] national private company finances its projects through a bond guaranteed by Ex-Im in capital markets,” the company says. Proceeds from the issue will be used

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial