January 9, 2019 |
Mexico's finance ministry has hired Barclays to arrange meetings with investors in New York on January 9 and gauge market interest in a possible sovereign bond issue, LatinFinance has heard.
"It looks like they are getting ready for an issue," a debt capital markets banker said. "Mexico historically comes to market in early January to get its funding needs out of the way."
A bond banker at Barclays declined to comment on the matter. Mexico's finance ministry did not return requests for comment.
Barclays takes the sovereign issuer to New York to gauge interest in a possible cross-border deal, sources say