By Angela McDaniels
Tacoma, Wash., Oct. 14 - Banco Compartamos, SA, Institucion de Banca Multiple issued Ps. 1 billion of certificados bursatiles bancarios (local bank bonds) in the local debt capital markets, according to a bank news release.
The certificados bursatiles (/mxAA/AA-(mex)) have a tenor of five years and an interest rate of TIIE plus 130 basis points.
The bank said the issuance reinforces its financial and liquidity position.
Banco Compartamos is a Mexico City-based bank specializing in microfinance.
| Issuer: | Banco Compartamos, SA, Institucion de Banca Multiple
|
| Issue: | Certificados bursatiles bancarios
|
| Amount: | Ps. 1 billion
|
| Maturity: | 2015
|
| Coupon: | TIIE plus 130 bps
|
| Price: | Par
|
| Settlement date: | Oct. 14
|
| Ratings: | Standard & Poor's: mxAA
|
| Fitch: AA-(mex)
|
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