Nexxus CCD Getting Close

Mexico’s Nexxus is close to wrapping up a Certificado de Capital de Desarollo deal with local investors. The close should be today or early next week, Luis Alberto Harvey, partner at Nexxus, tells LatinFinance. The total value of the 10-year deal is still in flux, though Harvey says it should be between MXP2bn-MXP3bn. The CCD is linked to a fund targeting a wide variety of Mexican assets. BofA-Merrill Lynch and Santander are managing the deal.