CFE prints local notes

CFE prints local notes

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Energy Electricity Project & Infrastructure Finance Mexico

Mexico's state-owned electric utility company CFE said it sold MXN10 billion ($475 million) worth of bonds in its first debt sale in the local market in more than two years. CFE had planned to issue at least MXN5.5 billion in new notes, but it increased the size of the deal as orders reached 1.57 times the amount offered, it said in a statement on Wednesday. The buyers included pension fund managers, investment funds, insurance companies, commercial banks and other government entities, CFE added

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