Santander sets up bond sale in Mexico

Santander sets up bond sale in Mexico

Credit Ratings Bonds Funds Mexico Capital Markets Asset Management Project & Infrastructure Finance

The Mexican subsidiary of Spanish bank Santander is preparing to issue up to MXN5 billion ($244 million) in bonds in the local market as microfinance lender Banco Compartamos plans to raise MXN2.5 billion and US private equity firm HarbourVest Partners goes for $30 million. Santander México is expected to price 2026 bonds with a floating rate on the BMV exchange in Mexico as part of a MXN55 billion program, Moody's said in a ratings report. Moody's added that it assigned the notes a AAA.mx ratin

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