Monterrey-Saltillo Preps Road Securitization

Monterrey-Saltillo Preps Road Securitization

Mexico Bonds Structured Finance

Mexico’s Concesionario de la Autopista Monterrey-Saltillo (CAMS) toll road operator is planning to sell up to MXP1bn ($79m) in a domestic securitization, according to people familiar with the plans. The UDI-denominated notes will be backed by toll road receivables. Tenor and timing have yet to be determined. Value is managing transaction, according to a regulatory filing. In February, the issuer priced a similar MXP4.2bn deal, Mexico’s first non-RMBS securitization of 2013. The AA/AA+ rated 2038

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