Central America

As investors turn their eyes to Mexico’s forthcoming presidential elections, Fitch said the country’s economic and fiscal resilience would be tested this year.

As investors turn their eyes in earnest to Mexico’s forthcoming presidential elections, Fitch said that the country’s economic and fiscal resilience would be tested this year.

Mexican state-owned oil giant Pemex will more than double the size of its 30 year bond issued on February 1 after receiving a strong response to an exchange offer.

Mexican non-bank lender Unifin made its second bond market outing of the year on Thursday with a senior unsecured deal that came at the wide end of initial price thoughts.

Mexican state-owned oil giant Pemex attracted a huge book for its eagerly-anticipated dollar market return on Thursday as bond investors pile into the region’s credits despite major elections looming.

Mexican non-bank lender Crédito Real sold its inaugural Swiss franc bond on Wednesday, achieving attractive pricing compared to its US dollar curve, according to the company’s head of investor relations.

Unregulated Mexican non-bank lender Crédito Real sold its inaugural Swiss franc bond on Wednesday, which is the lowest-rated deal in the currency from a Latin American financial institution.

The first meeting of the Central Banks’ and Supervisors’ Network for Greening the Financial System has broadened the emphasis of the group’s work from a focus on climate change to one on climate and the environment.

Mexican non-bank lender Unifin printed $250m of perpetual subordinated notes on Wednesday after bankers were pleasantly surprised by the strong participation from large institutional accounts, despite the small size of the deal.

Mexican non-bank lender Unifin printed $250m of perpetual non-call seven subordinated notes on Wednesday after bankers were pleasantly surprised by the strong participation from large institutional accounts, despite the small size of the deal.

Unifin Financiera, the Mexican non-bank lender, is likely to sell a $200m subordinated perpetual bond during New York business hours on Wednesday after announcing price talk on Tuesday.

Mexico’s president has proposed a new — but familiar — director of public credit amid a reshuffle at the country's finance ministry. The move was triggered by the resignation of deputy finance minister Vanessa Rubio, who will coordinate the market favourite’s presidential campaign.