Mexico lines up euro LM
Just over a week after it reopened EM bond markets with a dollar deal, Mexico is turning to euros for a dual tranche new issue as part of a liability management exercise.
Mexico has mandated Barclays, BNP Paribas, Citi and Santander to manage an SEC-registered offering of new euro-denominated October 2033s and October 2051s. A note from the leads on Wednesday said that the deal would be launched “in the near future”.
Alongside the new issue, Baa1/BBB/BBB- ...