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Published on 9/26/2019 in the Prospect News Emerging Markets Daily.

Mexico’s Credito Real to offer euro-denominated notes due 2027

Chicago, Sept. 26 – Credito Real, SAB de CV, Sofom and E.N.R. is expected to issue new euro-denominated notes due Feb. 1, 2027, according to a pre-stabilization notice.

The notes will be guaranteed by Credito Real SA and Creal Nomina, SA de CV.

Barclays, BNP Paribas (billing and delivery) and Morgan Stanley are listed as the stabilization managers.

The stabilization period begins on Sept. 26 and ends Oct. 31.

Credito Real provides consumer financing. It is based in Mexico City.


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