Bladex places MXN 5 billion three-year bond offering in Mexico

Bladex priced MXN 5 billion of long-term Certificados Bursátiles (Cebures) in Mexico’s public debt market.

• The order book reached MXN 7.78 billion, implying 1.56x oversubscription.
• The bond has a three-year tenor and a floating rate set at TIIE de Fondeo plus 58 basis points.
• Local ratings were mxAAA from S&P Global Ratings and AAA (mex) from Fitch México.