Mexico sets guidance on two-part US dollar bond

08/06/16 Reuters

Mexican pesoNEW YORK, Aug 8 (IFR) – Mexico tightened pricing on a two-part US dollar bond on Monday, as demand for the deal swelled close to US$9bn, according to one of the lead managers.

The sovereign set guidance of Treasuries plus 150bp area on a tap of its 4.125% January 2026s and 210bp area on a new long 30-year maturing in January 2047, with area at plus or minus 5bp.

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