Crédito Real approaches Japanese investors

Crédito Real approaches Japanese investors

Asset Management Bonds Debt Capital Markets Corporate & Sovereign Strategy Economy & Policy Fixed Income Funds Mexico Japan Asia

Mexican lender Crédito Real has approached Japanese investors with an eye towards selling yen-denominated notes to expand its funding base, a spokesperson confirmed on Thursday. The lender became the first non-banking financial institution from Mexico to issue euro-denominated notes in September last year, when it sold €350 million ($390 million) worth of eight-year bonds at 5%. Crédito Real also sold $400 million in dollar-denominated notes at 9.5% in February last year. Crédito Real also issue

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