Daimler Looks to MXP Sale

Daimler Mexico is planning to issue up to MXP2.0bn ($153m) in 2016 floating-rate domestic bonds November 21, according to a regulatory filing. BBVA Bancomer and HSBC are managing the car manufacturer’s sale, rated AAA on a national scale. Daimler last came to market in June, when it priced a MXP1bn 2014 bond at TIIE+30bp.