Inmuebles Carso Prints Domestic Bond

Inmuebles Carso Prints Domestic Bond

Mexico Bonds

Mexico’s Inmuebles Carso has raised MXP3bn ($231m) in the Mexican domestic bond market, according to people familiar with the transaction. The 2018 floating-rate domestic bond priced at TIIE+55bp, in line with the TIIE+55bp-area price talk that had widened from earlier TIIE+50bp. The real estate company spun off from Carlos Slim’s Grupo Carso holdco saw approximately 2.19x demand from private banking buyers, mutual funds, insurance companies and Afores. Funds raised will be used for general corp

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