19 October 2023

BBVA México acts as Lead Underwriter on Corporación AGF’s issuance of MXN2 billion in notes


BBVA México congratulates Corporación AGF for its issuance of MXN2 billion in notes, in which BBVA México acted as lead underwriter.


The issue obtained a rating of “mxBBB” from S&P and “A+” from HR. The total amount of MXN2 billion was placed at a floating rate of 165 basis points over the 28-day TIIE, at a term of 5 years.


The proceeds will be used for general corporate and operating purposes, and to strengthen Corporación AGF.


BBVA México is grateful to Corporación AGF for entrusting us with this important deal and thanks participating investors for their enthusiastic response.