IDB Invest draws up Mexican bond sale

IDB Invest draws up Mexican bond sale

IDB Invest Inter-American Development Bank (IDB) International Financial Institutions Bonds Debt S&P Global Credit Ratings Fixed Income Mexico United States ESG Coronavirus

IDB Invest, the private sector sector division of the Inter-American Development Bank (IDB), could raise up to MXN2.5 billion ($122 million) through an upcoming bond sale in the Mexican market, according to S&P Global Ratings. S&P assigned the 2024 bullet bonds an mxAAA rating on the local scale, based on the AA rating on the global scale that it gives IDB Invest, it said in a report on Tuesday. IDB Invest has become an "important partner in key projects in the region," arranging some $1

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