Bladex Issues $246.5 Million of Notes in Mexican Debt Market

MT Newswires Live

04/21

Bladex (BLX) said it has issued new long-term Mexican notes, known as Cebures, in the Mexican public debt market for a total of 4.265 billion Mexican pesos ($246.5 million).

The notes will mature in three years and carry a floating interest rate, the company said, adding that investor demand significantly exceeded the amount offered.

The notes received the highest possible local credit ratings. They were rated "mxAAA" by S&P Global Ratings and "AAA (mex)" by Fitch Mexico, the company said.

Price: 57.29, Change: -0.04, Percent Change: -0.07

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