Mexico to Issue New US Dollar-Denominated International Bond

The sovereign, rated A3/BBB+/BBB+, has set initial price thoughts of 150bp area over US Treasuries for the new issue, which will have benchmark size.

Goldman Sachs and JP Morgan are the bookrunners on the transaction, which is expected to launch and price on Tuesday.

An international bond is a type of long-term debt security that is generally issued to an investor in a country by a non-domestic entity. An international bond essentially works like a loan, with the investor being the lender and the issuing entity being the borrower. International bonds can provide bondholders with the . . .

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