Mexico refinances euro debt

Mexico refinances euro debt

Corporate & Sovereign Strategy Bonds Debt Fixed Income Capital Markets Mexico Europe

Mexico went to the European bond market on Monday, issuing €800 million ($915 million) in eight-year bonds to pay off notes that mature in 2024, a source involved in the deal told LatinFinance. The sovereign issuer priced the 2.375% 2030 notes at 99.168 to yield 2.491%, or 185 basis points over mid-swaps, the source said. It had opened the initial price talk around 190 basis points over mid-swaps before launching the deal at 185 basis points, the source added. Crédit Agricole, Credit Suisse, Deu

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