Nacional Financiera SNC has priced a MXN denominated multi tranche syndicated Bond.
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| Issuer Details | |
| Issuer | Nacional Financiera SNC |
| LEI | 549300T46KUP3OWN3O73 |
| Industry | Government - Development Bank |
| Country | Cayman Islands |
| Issuer Description | Nacional Financiera, S.N.C., (Nafinsa or the Institution) is a Development Banking Institution that operates in accordance with the rules of its own Organic Law, in accordance with the Law of Credit Institutions, and the rules issued by the National Banking Securities (NBSC).The objectives of Nafinsa are to promote the overall development and modernization of the industrial sector with a regional approach; stimulate the development of financial markets and act as financial agent of the Federal Government in the negotiation, contracting and management of credits from abroad.Nafinsa carries out its operations in accordance with financing criteria applicable to development banks, channeling its funds mainly through commercial banks and non-banking financial intermediaries. The principal sources of Nafinsa’s resources are loans from international development institutions such as the International Bank for Reconstruction and Development (IBRD) and the Inter-American Development Bank (IDB), lines of credit from foreign banks and the placement of securities in the international and domestic markets. |
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| Trade Details | |
| Security Type | Bond |
| Amount | MXN [Login to see full details] |
| Total Amount including taps | MXN [Login to see full details] |
| Total Amount Outstanding | MXN [Login to see full details] |
| Total Order Book | MXN [Login to see full details] |
| Structure | Floating Rate |
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