August 9, 2019 |
Mexico's Unifin said it has issued $200m in new notes through a private placement under Rule 144A and Reg S in the US market.
The three-year notes priced with a fixed rate of 7% per year, "showing the markets' confidence in the company, its strong fundamentals and positive growth outlook," Unifin said in a statement.
Unifin said it will use the proceeds to pay off short-term debt and extend its debt maturities. It did not name the buyer or the bookrunners on the private placement.
Mexican financial services firm completes a $200m deal after a $450m bond sale in July