Bond Banco Mercantil del Norte (Banorte) 5.875% ( USP1401KAA99 ) in USD

Issuer Banco Mercantil del Norte (Banorte)
Market price refresh price now   92.60 %  ▼ 
Country  Mexico
ISIN code  USP1401KAA99 ( in USD )
Interest rate 5.875% per year ( payment 2 times a year)
Maturity Perpetual



Prospectus brochure in PDF format

Minimal amount 200 000 USD
Total amount 500 000 000 USD
Cusip P1401KAA9
Standard & Poor's ( S&P ) rating BB- ( Non-investment grade speculative )
Moody's rating N/A
Next Coupon 24/10/2026 ( In 61 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 USP1401KAA99, pays a coupon of 5.875% 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 USP1401KAA99, was rated BB- ( Non-investment grade speculative ) by Standard & Poor's ( S&P ) credit rating agency.
DateClean price
01/04/202699.40%
21/01/2026100.75%
20/01/2026100.15%
17/11/202599.35%
22/09/202598.13%
30/07/202598.14%
08/07/202596.64%
30/04/202596.60%
14/02/202598.20%
04/01/202595.75%
03/11/202496.43%
12/09/202498.13%
07/08/2024100.00%
09/11/202386.68%
22/09/202388.31%
06/08/202392.60%
13/07/202392.60%
19/06/202392.60%
26/05/202392.60%
02/05/202392.60%
08/04/202392.60%
15/03/202392.60%
20/02/202392.60%
28/01/202392.60%
05/01/202392.60%
13/12/202292.60%
20/11/202292.60%
28/10/202292.60%
07/10/202292.60%
16/09/202292.60%
26/08/202292.60%
05/08/202292.60%
15/07/202292.60%
24/06/202292.60%
03/06/202292.60%
13/05/202292.60%
22/04/202292.60%