March 30, 2022 |
Mexican export-import bank Bancomext raised MXN10 billion ($501 million) in a three-part sale of sustainable bonds in the local market on Tuesday.
Bancomext issued MXN4 billion in 10-year bonds at a fixed rate and sold MXN3 billion in five-year notes and another MXN3 billion in three-year notes at floating rates, it said in a statement. It added that it will use the proceeds to fund sustainable projects for exports.
Fitch Ratings assigned the bonds a AAA(mex) rating on the local scale, while Moo
Mexican export-import bank raises $500 mln in a three-part deal