Mexico’s Banco IXE To Launch $100 Perp Bond

IXE Grupo Financiero, a Mexican bank, is set to launch a $100 million perpetual bond callable after five years. Goldman Sachs is the lead manager on the deal, which will begin its roadshow this week and look to price by the end of next week, according to bankers away from the deal. Fitch expects to assign a B+ rating to the securities.