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Emerging MarketsEM LatAm

Unifin launches exchange, plots new deal

Adobe, mexico, peso, gold, silver, coins, LatAm, FX, currency, Mexican peso, 575

Mexican non-bank lender Unifin Financiera is planning an eight year bond issue of up to $500m, with up to $200m set to come via an exchange offer for existing bonds. But bondholders participating in the exchange are unlikely to receive much by way of increased returns for pushing out their maturities.

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