Frisa readies stalled CMBS issue

Frisa readies stalled CMBS issue

Mexico Bonds Structured Finance

Grupo Frisa has revived talk of a debut commercial-mortgage backed security (CMBS), with bookrunners poised to launch the transaction as soon as late March.The 15-year, MXN1bn ($50.8m) transaction will price at a fixed rate and be placed by early April, two sources familiar with the CMBS told LatinFinance.The property manager hired Actinver as the bookrunner and structuring agent and named Banorte-IXE as the joint bookrunner in December last year. Frisa will use some of the company's shopping ma

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