March 13, 2014
Mexico further underscored its confidence in debt markets on Wednesday when it raised £1bn from the sale of a 100-year bond, only the second ever to have been sold in sterling. The deal drew heavy demand, predominantly from UK institutional investors — a buyer base typically attracted to long-dated paper, a tendency bankers say has intensified over the past year. Books closed with close to £2.5bn of orders from over 150 accounts, LatinFinance understands. Lead managers Barclays and Goldman
Debt Capital Markets: Mexico further underscored its confidence in bond markets on Wednesday when it raised £1bn from the sale of a 100-year note, only the second to have been sold ever in sterling.