Empesas takes note, ditches perp for 10 year
Empresas ICA, the Mexican construction and infrastructure concession operator, braved a difficult market this week to issue a $400m 10 year non-call five year bond, changing earlier plans to sell a perpetual non-call five after it met investor resistance on a global roadshow last week. However, the deal retained innovative features.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts