July 30, 2020 |
Mexican mining company Industrias Peñoles mandated banks on Wednesday to find investors for a new benchmark-sized bond offering in US dollars, sources familiar with the details of the deal told LatinFinance.
Peñoles hired Bank of America as the global coordinator and joint bookrunner with JPMorgan as a joint bookrunner and logistics coordinator. The banks arranged investor calls starting on Wednesday, one source said. A bond sale would be under Rule 144A/Reg S rules and subject to market conditi
Fitch rates the Mexican miner's new debt at BBB, based on strong market share