Molymet picks up funds in Mexico

Molymet picks up funds in Mexico

Bonds Debt Fixed Income Chile Mexico

Chile's Molibdenos y Metales (Molymet) said it raised MXN2 billion ($101 million) by reopening two existing bonds in the Mexican market. The San Bernardo-based molybdenum mining company added $50 million to each series of bonds, which it originally issued in December 2021 with maturities of four and six years. The tap of the four-year bonds priced at the 28-day TIIE interbank lending rate plus 0.9%, while the six-year bonds paid a fixed rate of 9.18%, Molymet said in a securities filing on Frida

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial