Interacciones Adds Domestic Funds

Mexico’s Banco Interacciones has priced a MXP1bn ($77m) bond in the domestic market, according to people familiar with the transaction. The 2017 notes priced at TIIE+140bp, flat to its previous transaction. The bank specializing in sub-national and public infrastructure lending plans to use proceeds to maintain liquidity and for general corporate purposes. Interacciones and Banorte-Ixe managed the deal, rated A/A+ on a national scale. Interacciones last issued MXP1.5bn in 2016 floating-rate bonds in September, at TIIE+140bp.