Unifin could issue bonds with government guarantees

Unifin could issue bonds with government guarantees

Credit Ratings Economy & Policy Bonds Debt Funds Mexico Capital Markets Project & Infrastructure Finance Structured Finance

Mexican financial services company Unifin Financiera could issue up to MXN10 billion ($503 million) in bonds in the local market with partial guarantees from the federal government, analysts at Barclays said in a report on Thursday. "New government support program could materially improve Unifin's access to local funding," Barclays said, adding that the guarantees could result in lower rates for the new notes. Mexico's finance ministry said last week that it is forming a MXN10 billion credit pro

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