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Mexico Raises $1B In Global Bond Sale

Mexico has raised $1 billion in a sale of global bonds.

Mexico has raised $1 billion in a sale of global bonds, The Wall Street Journal reports. The bonds carry a coupon rate of 6.05%, and are scheduled to mature in 2040. Bank of America and Deutsche Bank arranged the sale.

Mexico last borrowed in dollars in February, when it issued $1 billion of 5.125% bonds due in January 2020. The deal reopened a January 2008 issuance of a 30-year bond, bringing the total to $4.25 billion.

Click here for the story from The Wall Street Journal.

Click here for additional coverage from Bloomberg.

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