Betterware wraps up bond plans for year

Betterware wraps up bond plans for year

Bonds Debt Funds Mexico ESG Capital Markets Project & Infrastructure Finance

Mexican direct-to-consumer company Betterware de México does not plans to issue bonds again this year after completing a two-part deal for MXN1.5 billion ($74.5 million) in the local market, a source close to the company told LatinFinance on Monday. Betterware priced MXN1 billion in seven-year sustainability bonds at a fixed rate of 8.35% and MXN500 million in four-year notes at the TIIE interbank lending rate plus 0.4% as part of a MXN10 billion program. The transaction was more than three time

Already have an account?

Free trial

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

Free Trial