Mexico’s Corporacion Geo builds confidence with $400m 10yr bond, away from US bubble

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Mexico’s Corporacion Geo builds confidence with $400m 10yr bond, away from US bubble

Mexican housebuilder Corporacion Geo this week tapped the market for a $400m 10 year note via Citi, JP Morgan and Santander. An analyst and an investor were positive on the credit, saying that the US property market problems were far removed from Mexico.

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