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Mexico Selling 8-Yr Bonds In Euros To Fully Redeem 2024 Notes

MEXICO

Announced earlier this morning - Mexico is selling eight-year bonds in euros to fully redeem its 2024 notes in the shared currency.

  • **IPT: Mexico EUR Benchmark 8Y MS+190 Area (May price today).
  • EUR Benchmark 8Y Fixed (Feb. 11, 2030) MS+190 Area
    • Coupon: Annual, act/act
    • Maturity: Bullet
  • Issuer: United Mexican States (MEX)
  • Issuer Ratings: Baa1/BBB/BBB-
  • Format: SEC registered, senior unsecured
  • 3-month par call, MWC
  • UOP: Redeem in full Mexico's outstanding EUR 1.625% 2024 notes and general purposes of the Government of Mexico
  • Settlement: Feb. 11, 2022
  • Bookrunners: CA-CIB, CS, DB (B&D), MS

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