Interacciones Set for MXP Bond

Mexico’s Grupo Financiero Interacciones plans to issue a new MXP1.5bn ($117m) 2015 bond in Mexico’s domestic market today. Price talk is TIIE+135bp-area and proceeds will be used to maintain liquidity and for general corporate purposes. Interacciones is leading the transaction, rated A/A+ on a national scale. The bank, which specializes in sub-national and public infrastructure financing, last month raised MXP700m in 2022 subordinated bonds at TIIE+250bp.