CFE Sees January Pricing Date

Mexico’s Comision Federal de Electricidad (CFE) is heard planning to sell up to MXP6bn ($437m) in 10-year fixed and floating-rate bonds in late January. The Mexican state-owned issuer has set a preliminary pricing date of January 10. Proceeds from the bond sale are expected to cover infrastructure project expenses. Ixe and Scotia Capital are managing the sale, rated Aaa on a national scale.