Molymet mines bond sale in Mexico

Molymet mines bond sale in Mexico

Credit Ratings Bonds Debt Funds Mexico Chile Capital Markets Project & Infrastructure Finance Energy

Chile's Molibdenos y Metales (Molymet) said it plans to raise up to MXN4 billion ($191 million) in a two-part bond sale in the Mexican market. Molymet expects to price a 2025 bond with a spread based on the 28-day TIIE interbank lending rate and issue a 2027 bond with a fixed rate, the company said in securities filing on Tuesday. Citibanamex and Scotiabank will coordinate the sale on December 10 on the BMV exchange in Mexico City. The bonds are part of an MXN6 billion program that Molymet annou

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