NEW YORK, Aug 4 (IFR) - An upsized US$700m 10-year non-call five bond from Mexico's Bancomext proved to be a hit on Thursday as yield-hungry investors piled into the Basel III-compliant Tier 2 note.
Lender: Banco Nacional de Comercio Exterior, S.N.C. (Bancomext). Amount: Up to MXN $4,000,000,000.00 (Four billion pesos 00/100 MXN). Currency: Mexican pesos (MXN). Amortization term: Up to 7 (seven) ...
Arranged by Canadian Solar, the $69.0 million non-recourse financing package was provided by Banco Nacional de Comercio Exterior, S.N.C. (“Bancomext”) and Banco Sabadell. Bancomext is a Mexican ...
This year marks two decades since Mexico transformed its pension system. In line with recommendations from the World Bank, the model was reformed from a pay-as-you-go, defined benefit system, whereby ...
In August 2016, Bancomext issued $700m in tier two subordinated preferred capital notes, to shore up its business of helping Mexico’s exporters improve the country’s foreign trade prospects. CEO ...
On a Tuesday morning in early January, the computer system at Mexico’s state-owned trade bank went haywire. Some of Bancomext’s workers couldn’t get their PCs to turn on. The internet was slow.
Qatar’s first private bank Commercial Bank has signed a Memorandum of Understanding (MoU) with Bancomext, a Mexican national development bank in Doha recently. The signing comes against the background ...
DOHA: Commercial Bank, Qatar's first private bank, has signed a Memorandum of Understanding(MoU) with Bancomext, a Mexican national development bank, recently.The signing ceremony, held on Thursday, ...
Mexican state-owned bank Bancomext has filed a lawsuit that accuses chemical maker Mossi & Ghisolfi International Sarl and multiple affiliates of diverting funds from loans totaling $190 million to ...