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CFE MXP Bond Gets Aaa
An upcoming 2024 domestic bond from Mexico’s CFE has been given a Aaa rating, Moody’s says. It expects the UDI-denominated sale to weigh in at MXP2.75bn. The issue is the third from a MXP12bn program, and will help fund certain public works investments. ING is managing the sale, expected as soon as September 30.