Scotiabank plans debt sale in Mexico

Scotiabank plans debt sale in Mexico

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Mexico

Scotiabank Inverlat, the Mexican subsidiary of Canada's Scotiabank, could sell up to MXN6bn ($312m) in bonds in the local market, according to a report from S&P Global. Scotiabank aims to sell at least MXN4bn in 3.5-year notes, but it could increase the offer to as much as MXN6bn on strong demand, S&P said in the report. The bank will likely divide the debt sale into one series in pesos and another in dollars, S&P said. S&P gave the upcoming notes an mxAAA rating on the local sca

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