CABEI designs Mexican debt sale

CABEI designs Mexican debt sale

Bonds Debt Capital Markets Corporate & Sovereign Strategy Mexico Central America Honduras Guatemala El Salvador Nicaragua Costa Rica Asia

The Central American Bank for Economic Integration (CABEI) could raise MXN6 billion ($242 million) from the sale of floating-rate notes in the Mexican market, according to a report from S&P Global Ratings on Monday.The four-year bullet bonds, with a spread based on the 28-day TIIE interbank lending rate, come due in March 2023, S&P said.S&P also said it assigned the new notes an mxAAA rating on the local scale, calling CABEI a "prominent lender" in Central America that has accounted

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