BBVA Bancomer lines up peso options

BBVA Bancomer lines up peso options

Capital Markets Bonds Mexico

BBVA Bancomer is weighing a potential MXN3.5bn ($182m) bond sale in Mexico's local debt market, filing terms for either a 2021 or 2023 new issuance. The bank's own brokerage unit has scheduled a transaction for September 25, according to a securities filing with Mexico's BMV. Fitch Ratings and Moody's both rated the potential sale AAA on a local scale. The new bond issue will be placed under BBVA Bancomer's five-year, MXN60bn revolving debt shelf. The local financial institution is also understo

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