September 3, 2019 |
Some of Mexico's largest corporations could go to the Swiss bond market in the second half of the year, looking to tap an investor pool that is keen to bankroll investment-grade issuers, LatinFinance has heard.
"There are several companies looking at the market right now," said a bonds banker in New York. "But they are very specific issuers with AAA or very strong ratings that are looking for small funding amounts."
Banorte was the last Mexican issuer to go to the Swiss bond market, raising CHF1
Investment-grade corporates could tap Swiss investors in the seocnd half of the year, source says