Frisco Eyes September Deal

Frisco Eyes September Deal

Mexico Bonds

Mexico’s Minera Frisco plans to issue up to MXP5bn ($379m) in the Mexican domestic bond market on September 4, according to people familiar with the issuer’s plans. The Carlos Slim-controlled miner had initially targeted August 14 for the sale of the 2018 floating-rate notes. The issuer plans to use proceeds to repay debt and for other corporate purposes. Banamex, BBVA Bancomer, Bank of America Merrill Lynch, Finamex, HSBC and Inbursa are managing the transaction, rated AA/AA on a national scale

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