Bond Mercantil Norte Banco 6.75% ( US05971PAA66 ) in USD

Issuer	Mercantil Norte Banco
Market price	100 % ⇌
Country	Mexico
ISIN code	US05971PAA66 ( in USD )
Interest rate	6.75% per year ( payment 4 times a year)
Maturity	Perpetual
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Minimal amount	/
Total amount	/
Cusip	05971PAA6
Standard & Poor's ( S&P ) rating	BB- ( Non-investment grade speculative )
Moody's rating	Ba2 ( Non-investment grade speculative )
Next Coupon	27/09/2026 ( In 90 days )
Detailed description	Banco Mercantil del Norte (Banorte) is a major Mexican financial institution offering a wide range of banking and financial services, including commercial banking, wealth management, and brokerage services. The Bond issued by Mercantil Norte Banco ( Mexico ) , in USD, with the ISIN code US05971PAA66, pays a coupon of 6.75% per year. The coupons are paid 4 times per year and the Bond maturity is Perpetual The Bond issued by Mercantil Norte Banco ( Mexico ) , in USD, with the ISIN code US05971PAA66, was rated Ba2 ( Non-investment grade speculative ) by Moody's credit rating agency. The Bond issued by Mercantil Norte Banco ( Mexico ) , in USD, with the ISIN code US05971PAA66, was rated BB- ( Non-investment grade speculative ) by Standard & Poor's ( S&P ) credit rating agency.