Mexico - Discount Bond A
Article Index
Mexico - Discount Bond A
Note: Issued as part of the Mexican Brady Plan debt restructuring. Issued with detachable value recovery rights indexed to the price of oil. Bonds usually trade ex-warrant.
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Obligor:
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United Mexican States
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Guarantor:
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None
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Issue Size:
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USD 2,478,293,000
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Maturity:
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December 31, 2019
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Interest Rate:
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6-month LIBOR plus 13/16%
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Coupon Frequency:
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Semi-annual
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Coupon Dates:
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April 15 & October 15
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Day Count:
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Actual/360
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Issue Date:
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March 28, 1990
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Amortisation:
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None, bullet at maturity
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Options:
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Callable at par with accrued interest if no default.
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Currency:
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USD
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Form of Instrument:
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Registered
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Denominations:
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$250,000 and integral multiples of $1,000
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Credit Rating:
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Moody's: Ba3
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Principal Collateral:
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30-year zero-coupon US Treasury bonds held at the US Federal Reserve
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Interest Payment Collateral:
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18-month rolling interest payment collateral guarantee
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Tranche USD-A
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Listing:
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Luxembourg
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Paying Agent:
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Citibank
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Bloomberg Ticker:
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MEX
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CUSIP:
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TT3058639
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ISIN:
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XS0015157489
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Euroclear:
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64072
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CEDEL:
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269323
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Common Code:
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001515748
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Sedol 1:
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4585592
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Valoren:
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786685
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France:
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844214
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