Mexico, March 11, 2015 -- Moody's de México assigned debt ratings of Baa1 (Global Scale, local currency) and Aa1.mx (Mexico National Scale) to the MXN 967 million enhanced loan of the state of Durango from Santander. The loan was acquired in December 2014, has a maturity of 20 years and is paid through a master trust: Evercore, trust number F/0008. The loan pays an interest rate composed of the 28-day Mexican Interbank Interest Rate (TIIE in Spanish) plus a spread. The state of Durango will use loan proceeds for developing public infrastructure projects.

Vollständigen Artikel bei Moodys lesen