Credito Real Eyes March Pricing

Mexcio’s Credito Real is targeting a March pricing for a new domestic bond of up to MXP1bn ($78m), according to company officials. The deal had been expected this week. BBVA is managing the sale, expected at a 2.7-year maturity and rated A/A minus on a national scale. Elsewhere in the Mexican domestic market, fleet leasing company Facileasing is expected to price an up to MXP1bn local 3-year bond today. BBVA is managing the sale, rated AAA on a national scale.