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Crédito Real issues 1B Mexican peso bond


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Crédito Real issues 1B Mexican peso bond

issued an 18-month bond worth 1.00 billion Mexican pesos inthe local bourse March 31, El Economistareported the same day.

The bond certificateexpires Sept. 13, 2018, and will payan annual interest rate on the face value of 2.7 percentage points above the interbankequilibrium interest rate to 28 days.

HR Ratings Mexicoand Standard & Poor's rated the bond at A+. Casa de Bolsa Banorte-Ixeand Interacciones Casa de Bolsa acted as underwriters.

As of March 30, US$1 was equivalent to 17.18 Mexicanpesos.

S&P Ratings and Global Market Intelligence areowned by McGraw Hill Financial Inc.