Mexico $3.15 billion 4.15% bond issue

Overview:

• The United States of Mexico has issued $3.15 billion in 4.15% bonds due 2027.
• The country also launched a tender offer to acquire outstanding bonds for cash. 
• The funds from the bond issue will be used to purchase the outstanding bonds, to pay the applicable redemption price of the country's 5.950% global bonds due 2019, as well as for general financing purposes. 
• Barclays Capital, Deutsche Bank Securities and JPMorgan Securities acted as underwriters for the bond issue and joint dealer managers for the tender offer.

Rani Mehta - Journalist