CFE Roadshows MXP Bond

Mexico’s CFE is roadshowing this week for a 30-year fixed transaction with a 15-year average life, according to a banker on the deal. The state-owned utility has filed a MXP50bn ($3.8bn) program, and could issue a minimum size of at least MXP5bn. Issuance is tentatively scheduled for September. Banamex, BBVA Bancomer and Santander are managing the transaction, rated AAA.