Tight Televisa could pave way for more Mexicans

Mexican mariarchi band px230 x 150
By Oliver West
23 May 2019

Latin America bond bankers hope that more Mexican companies will look to sell new debt after Televisa clinched a tight price for its 30 year bond this week to wake up the country’s dormant primary market.

On Tuesday Televisa became just the fifth Mexican issuer to tap international markets this year. In doing so it also became just the third corporate, and second investment grade company, to raise dollars. 

Such scarcity value helped the company raise $750m of new 2049s at a new issue concession ...

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