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ItalianoBond Banco Mercantil del Norte (Banorte) 8.375% ( USP1400MAD04 ) in USD
| Issuer | Banco Mercantil del Norte (Banorte) | ||
| Market price |  % ⇌ |
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| Country |  Mexico
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| ISIN code |
 USP1400MAD04 ( in USD )
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| Interest rate | 8.375% per year ( payment 2 times a year) | ||
| Maturity | Perpetual | ||
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Prospectus brochure in PDF format |
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| Minimal amount | / | ||
| Total amount | / | ||
| Cusip | P1400MAD0 | ||
| Standard & Poor's ( S&P ) rating | BB- ( Non-investment grade speculative ) | ||
| Next Coupon | 20/11/2026 ( In 60 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 Banco Mercantil del Norte (Banorte) ( Mexico ) , in USD, with the ISIN code USP1400MAD04, pays a coupon of 8.375% per year. The coupons are paid 2 times per year and the Bond maturity is Perpetual The Bond issued by Banco Mercantil del Norte (Banorte) ( Mexico ) , in USD, with the ISIN code USP1400MAD04, was rated BB- ( Non-investment grade speculative ) by Standard & Poor's ( S&P ) credit rating agency. |
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