April 27, 2022 |
Mexican telecommunications company Totalplay Telecomunicaciones said it plans to issue up to MXN1 billion ($49.1 million) in one-year bonds in the local market on Wednesday and use the proceeds for working capital.
Actinver and Punto Casa de Bolsa will coordinate the sale, which is part of a MXN5 billion bond program, Totalplay said in a securities filing.
HR Ratings assigned the bonds an HR2 rating, while Verum gave them a 1/M on the local scale.
In December last year, Totalplay priced MXN1 bil
Mexican telco plans to issue up to $49 mln in one-year notes this week