Unifin pays cash to redeem local bonds

Unifin pays cash to redeem local bonds

Bonds Funds Mexico Capital Markets

Mexican financial services firm Unifin Financiera will pay cash to redeem MXN1.53 billion ($75.2 million) worth of bonds that it issued in September 2017, the head of corporate finance told LatinFinance on Friday. "The operation will have no impact on the company's cash position – it will be cash-neutral – and will have the benefit of allowing us to roll over short-term liabilities and improve our debt maturity profile," said David Pernas,​​ head of the treasury, corporate finance and investor r

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial