Facileasing Prices MXP Bond

Mexico’s Facileasing has issued a MXP750m ($57m) bond in the domestic market. The 2-year floater priced at TIIE+75bp and represents the second issuance under a MXP10bn program. BBVA Bancomer and Bank of America Merrill Lynch managed the sale, rated AAA on a national scale. Facileasing previously priced a MXP500m 2015 at TIIE+70bp in February, marking the fleet leasing company’s first bond offering since being acquired by BBVA Bancomer.