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Inbursa Preps MXP Bond
Mexico’s Banco Inbursa plans to issue up to MXP5bn ($379m) in 3-year floating-rate notes in the domestic market May 15, according to a regulatory filing. Actinver, BAML, Banamex and Inbursa are managing the transaction, rated AAA on a national scale. Inbursa last issued in February 2012, pricing a MXP3.5bn 2-year at TIIE+20bp.