trending Market Intelligence /marketintelligence/en/news-insights/trending/PNN_Q2ruUGDRpoLqzH3xCA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Fibra UNO issues unsecured bonds of 4.50B Mexican pesos

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Fibra UNO issues unsecured bonds of 4.50B Mexican pesos

Fibra UNOissued unsecured bonds of 4.50 billion Mexican pesos in the Mexican market.

The bonds were issued in three tranches, comprising an issuanceof UDIS equivalent to roughly 2.50 billion pesos at a fixed real rate of 460 basispoints, with an 11-year maturity ending April 1, 2027; an issuance of 883.8 millionpesos at a TIIE rate plus 65 basis points, with a three-year maturity ending April11, 2019; and an issuance of about 1.12 billion pesos, corresponding to the reopeningof the fixed-rate bond of 2013, maturing Dec. 4, 2023, with a remaining term of7.6 years.

Proceeds are expected to be used to refinance existing debt withoutadding to its current debt level, once all payments are completed. As a result,Fibra UNO will extend its debt profile and maturity, while liberating guaranteeswith the issuance of the unsecured bonds.

The company said the transaction was oversubscribed 1.33x andall three tranches are rated AAA in the local rating system by HR Rating and Fitch.

As of April 13, US$1 wasequivalent to 17.48 Mexican pesos.