March 14, 2022 |
Mexican export-import bank Bancomext is planning to raise MXN5 billion to MXN10 billion ($238 million to $477 million) in a three-part sustainable bond sale in the local market, according to a report from Fitch Ratings.
Bancomext will issue 10-year bonds at a fixed rate and also sell three- and five-year notes with floating rates, Fitch said in the report on Thursday.
Fitch assigned the bonds a AAA(mex) rating on the local scale, while Moody's gave them an Aaa.mx on the local scale and Baa1 on
Mexican export-import bank plans to raise up to $477 mln in a three-part deal in the local market