ARA prices sustainable bonds in pesos

ARA prices sustainable bonds in pesos

Bonds Debt Fixed Income Mexico Capital Markets

Mexican construction company Consorcio ARA said it issued MXN1.5 billion ($74.3 million) in sustainable bonds in a two-part deal in the local market.  Mexico City-based ARA priced MXN1 billion in three-year notes at the TIIE interbank lending rate plus 1.4%, equal to an all-in rate of 6.38% for the first payment period, it said in a securities filing on Tuesday. ARA also priced MXN500 million in seven-year notes at Mbono government bonds plus 2.3%, equal to an all-in rate of 9.63%, it said in a

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