América Móvil waited years to issue its first international bond. When the Mexican cellphone company finally went to the market, plenty of investors wanted a piece of the action.
Category: Regions
The Power of Pidiregas
Mexico’s off-balance sheet financing scheme got the massive El Cajón dam project underway.
Gridlock in the Bond Market
Demand from institutional investors in Mexico’s bond market outstrips supply. There are just not enough high-quality bonds around, but this could be changing.
Mexico’s Sterling Effort
Mexico sold the largest-ever bond in British pounds placed by an emerging market issuer, locking in low prices in a demanding market that few Latin American issuers can access on a regular basis.
Pemex Heads for Home
Taking advantage of strong domestic demand for peso-denominated paper, Mexico’s national oil company launched the country’s largest-ever peso bond and got bargain pricing.
The Next Frontier
Mexico’s nascent private equity industry is picking up as investors identify promising opportunities. All they need now is to find an exit.
Sticky Money for Mexico
Mexican public credit officials and investment bankers from Citigroup and Deutsche Bank crisscrossed Europe last May and detected demand among institutional investors for a large, liquid, non-dollar global benchmark bond. […]
A Bond With A Twist
Pemex, Mexico’s state-owned oil monopoly, faces an unusual problem for a major oil company. Although it is one of the world’s largest oil producers, it is financially overstretched because it […]
A City Sidesteps Federal Help
The quest for money to build a water treatment plant led a Mexican city to devise a new financing mechanism that may help raise money for local government projects in […]
Impressing the Local Crowd
Coca-Cola Femsa, the Mexican soft drink bottler, has never had much need for the capital markets because of its ability to generate vast amounts of cash. The Monterrey-based company had […]
