September 19, 2013
Banco Interacciones has priced MXP1.5bn ($118m) in bonds in the domestic ma
Banco Interacciones has priced MXP1.5bn ($118m) in bonds in the domestic market, marking its third issuance this year. The lender priced the 2016 bond at TIIE+140bp, in line with pricing on previous transactions. The bank specializing in sub-national and public infrastructure plans to use proceeds for general corporate purposes. Interacciones led the deal, rated A/A+ on a national scale. Interacciones last issued MXP1.4bn in 2016 floating-rate bonds mid-August, at TIIE+140bp.