Bond Mercantil del Norte Bank Ltd. 5.75% ( US05962GAF63 ) in USD

Issuer	Mercantil del Norte Bank Ltd.
Market price	100 % ▲
Country	Mexico
ISIN code	US05962GAF63 ( in USD )
Interest rate	5.75% per year ( payment 2 times a year)
Maturity	03/10/2031
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Minimal amount	200 000 USD
Total amount	500 000 000 USD
Cusip	05962GAF6
Standard & Poor's ( S&P ) rating	N/A
Moody's rating	Ba1 ( Non-investment grade speculative )
Next Coupon	04/04/2026 ( In 2 days )
Detailed description	Banco Mercantil del Norte S.A. [Grand Cayman Branch] is a branch of a Venezuelan bank offering international banking services, including corporate and private banking, from its location in the Cayman Islands. The Bond issued by Mercantil del Norte Bank Ltd. ( Mexico ) , in USD, with the ISIN code US05962GAF63, pays a coupon of 5.75% per year. The coupons are paid 2 times per year and the Bond maturity is 03/10/2031 The Bond issued by Mercantil del Norte Bank Ltd. ( Mexico ) , in USD, with the ISIN code US05962GAF63, was rated Ba1 ( Non-investment grade speculative ) by Moody's credit rating agency.