July 31, 2020
Mexican mining company Industrias Peñoles sold $600 million worth of debt on Thursday, a day after mandating banks for the sale, with a retap of its existing 2029 note and a new 30-year bond, sources familiar with the deal said.
Peñoles added $100 million to its existing 2029 issue, which carries a 4.15% coupon. The price of 106.02 on the bond was above the secondary market trading price from Wednesday of 105.58. The yield on the newly issued tap was 3.375%, said one source.
In a second transact
Mexican miner prints $500 mln in new 2050 notes and adds $100 mln to its 2029s