trending Market Intelligence /marketintelligence/en/news-insights/trending/cNs4yB0IPfwG2HdKs0c_kA2 content esgSubNav
In This List

Crédito Real issues 300M Mexican pesos of notes

Blog

Insight Weekly: Bank boards lag on gender parity; future of office in doubt; US LNG exports leap

Blog

Insight Weekly: Job growth faces hurdles; shale firms sit on cash pile; Africa's lithium future

Podcast

Street Talk | Episode 99 - Higher rates punish bond portfolios, weigh on bank M&A

Blog

Insight Weekly: Loan growth picks up; US-China PE deals fall; France faces winter energy crunch


Crédito Real issues 300M Mexican pesos of notes

Crédito Real SAB de CV said it issued 300.0 million Mexican pesos of local unsecured notes due May 3, 2018.

The notes, which carry an interest rate equivalent to Mexico's TIIE interbank offering rate plus 79 basis points, represent the eighth issuance under the company's dual placement revolving notes program for up to 7.50 billion pesos, or its equivalent in investment units.

Additionally, Crédito Real completed the amortization of 250.0 million pesos of short-term unsecured notes that were issued in April 2017.

As of Oct. 5, US$1 was equivalent to 18.29 Mexican pesos.