Mexico sets IPTs on global dollar bond
NEW YORK, Jan 12 (IFR) - Mexico, rated A3 by Moody's and BBB+ by S&P and Fitch, is gauging investor interest for a new 30-year benchmark dollar-denominated global bond at Treasuries plus 225bp as well as a tap of its 3.6% 2025s at Treasuries plus 175bp.
Joint lead arrangers Bank of America Merrill Lynch, Credit Suisse and Morgan Stanley are expected to price the issues, part of a liability management exercise, later on Monday. (Reporting by Natalie Harrison; Editing by Marc Carnegie)
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