Mexico to sell $1 bln in 2020 bond reopen - IFR
NEW YORK, March 4 |
NEW YORK, March 4 (Reuters) - Mexico said on Thursday it plans to sell an additional $1 billion of debt in a reopening of bonds due in 2020, said IFR, a Thomson Reuters service.
The total outstanding on the current 5.125 percent bond is $1 billion, with a yield of 5.25 percent, or 142.4 basis points more than comparable U.S. Treasuries.
JP Morgan and Morgan Stanley are the joint bookrunners on the sale. (Reporting by Camille Drummond; Editing by James Dalgleish)
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