trending Market Intelligence /marketintelligence/en/news-insights/trending/rPHvFcFiTBBXmoz4ceG3uQ2 content esgSubNav
In This List

Crédito Real launches tender offer for 2023 notes

Blog

Spotlight on sustainability How banks can overcome the challenges of achieving Net zero by 2050

Blog

Insight Weekly: US election scenarios; borrowing costs rise; commercial REIT fears

Podcast

Street Talk | Episode 100 - KBW CEO offers optimism for bears fearful of bank liquidity, credit

Blog

Insight Weekly: Stocks endure more pain; bank branch M&A slows; debt ratios fall


Crédito Real launches tender offer for 2023 notes

Crédito Real SAB de CV Sociedad Financiera de Objeto Múltiple ER launched a cash tender offer to purchase up to about US$313.1 million in aggregate principal amount of its outstanding 7.250% senior notes due 2023.

The consideration is US$980 for each US$1,000 in principal amount of notes that are validly tendered and accepted for purchase, according to a press release.

The company is also offering an early tender payment of US$30 for each US$1,000 in principal amount of notes tendered at or prior to 5 p.m. New York City time on Jan. 31.

The tender offer is set to expire at 11:59 p.m. New York City time on Feb. 14.