IEnova's inks market debut with tight dual-trancher

IEnova's inks market debut with tight dual-trancher

Bonds Debt Capital Markets Fixed Income Mexico

IEnova debuted in the cross-borderĀ space on Thursday, raisingĀ $840m across 10- and 30-year paper, DCM sources confirmed. Bank of America Merrill Lynch, Citi and Scotiabank started initial price talk on Wednesday in the high 100bp area over US Treasuries on the 10-year note and the high 200bp area on the longer-dated bond. Leads tightened yields at guidance yesterday to 160bp, plus or minus 5bp, on the shorter-dated security and to 5.125% on the 2047 bond. The 10-year launched at 155bp while the

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial