Mexico Issued Bonds for 6.8 Billion USD

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  • The issuance attracted participation from 240 institutional investors worldwide and reached peak demand of 19 billion USD.
  • This operation allowed for a 15% reduction in the outstanding market-based external debt denominated in U.S. dollars with maturities between 2027 and 2031.

The transaction was structured in three parts:

  1. The issuance of two new benchmark bonds, maturing in 2032 and 2038, for 3.95 billion USD and 2.85 billion USD, respectively;
  2. The allocation of proceeds to conduct an early buyback of a bond maturing in 2026;
  3. A refinancing operation totaling 2.5 billion USD through the exchange of bonds maturing between 2027 and 2031 for the new benchmarks.

Source: Ministry of Finance and Public Credit (SHCP)

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