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
Jurisdiction:
Mexico
Deal types:
Investment grade bond/note issue
Sovereign bond issue