January 17, 2014
BNP Paribas’s Mexico subsidiary hopes to sell a structured note in the firs
BNP Paribas’s Mexico subsidiary hopes to sell a structured note in the first quarter, after filing for regulatory approval on Monday, LatinFinance understands. The French bank has a MXN6.4bn ($488m) program registered. A deal would be its first structured note sale in Mexico, although it has sold plain vanilla bonds in the local market previously. It is seeking approval on five different formats for the instruments, all with tenors of 3 years or shorter.