SHF receives high marks for local bond deal

SHF receives high marks for local bond deal

Credit Ratings Bonds Mexico Technology Capital Markets

Mexico's federal mortgager lender Sociedad Hipotecaria Federal (SHF) has received the highest ratings on the local scale for an upcoming bond sale in the local market, according to ratings reports.  Fitch Ratings assigned a AAA(mex) to the two-part deal worth as much as MXN6 billion ($302 million), saying the lender counts on government support if needed. HR Ratings also gave it a AAA grade with a stable outlook. SHF said last week that it plans to issue at least MXN4 billion in 3.3- and five-ye

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