Autlan prices asset-backed local bond

Autlan prices asset-backed local bond

Mexico Bonds Structured Finance

Minera Autlan has raised MXN1.43bn ($75m) from the sale of local bonds backed by a portion of its trade receivables. The Mexican miner priced the five-year notes with a 9.43% coupon and 280bp over the 28-day TIIE rate, a banker in Mexico City said.

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