January 15, 2016
From efficient liability management to breaking ground in the euro market and pioneering new documentation for Latin American sovereign issuers, the United Mexican States shone brightly for its work in the debt capital markets.
In the year ending September 30, 2015, Mexico rose above its competitors to receive the award for sovereign bond issuer of the year in Latin America for the second consecutive year.
Mexico faced tough competition for the award, especially from Peru, which issued four bonds during the awards period. The active Andean sovereign executed three Peruvian soles transactions and a dollar bond in August, a typically difficult time to get deals done.
Nonetheless, Mexico’s bond
The sovereign set records and precedents for cross-border bonds across billions of dollars of issuances