Grupo Carso lines up local notes

Grupo Carso lines up local notes

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

Mexican conglomerate Grupo Carso plans to sell MXN5 billion ($259 million) in bonds in the local market, raising money to invest in energy and infrastructure projects, according to a report from Fitch Ratings. Fitch gave the proposed three-year notes a AAA(mex) rating on the local scale, citing Grupo Carso's diverse business portfolio and its consistent credit profile. The ratings also consider Grupo Carso's "robust financial position through ample liquidity that provides it with extensive finan

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