June 9, 2020 |
Banco Latinoamericano de Comercio Exterior, or Bladex, said Monday that it sold MXN3 billion ($140 million) worth of bonds in the Mexican market as part of a MXN10 billion debt program.
The bank split the deal in two parts with MXN875 million in three-year notes at 58 basis points over the 28-day TIIE interbank lending rate and MXN2.13 billion in five-year notes at 6.9%, equal to 140 basis points over Mexican Treasury notes, or Mbonos.
BBVA and Santander were the bookrunners on the transaction,
Panama City-based trade finance bank earns $139 mln from a two-part deal in pesos