More Mexicans could follow after Unifin success

Mexican mariarchi band px230 x 150
By Oliver West
11 May 2017

Mexico City-based DCM bankers say that the mood among the country’s financial community has drastically improved since the start of the year, as Unifin on Wednesday became just the fourth Mexican credit to issue dollar debt in 2017.

“We are expecting a real pick-up in supply,” said one Mexican bond banker. “There were several transactions delayed in 2016 that are yet to appear, and 2018 will bring even more uncertainty as elections begin.

“This means some companies will look to get any refinancing risk out the ...

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