BBB

Banco Mercantil del Norte SA (Grand Cayman Branch) 7.5% PERP

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Overview
Analysis

Key terms


Outstanding amount
‪500.00 M‬USD
Face value
1,000.00USD
Minimum denomination
200,000.00USD
Coupon
7.50% (Variable)
Coupon frequency
Quarterly
Yield to maturity
Maturity date
Term to maturity

About Banco Mercantil del Norte SA (Grand Cayman Branch) 7.5% PERP


Issuer
Banco Mercantil del Norte SA (Grand Cayman Branch)
Sector
Finance
Industry
Major Banks
Issue date
Jun 27, 2019
FIGI
BBG00PH23TP7
Part of Grupo Financiero Banorte SAB de CV, Banco Mercantil del Norte SA (Grand Cayman Branch) provides banking services. The company is located in Cayman Islands.
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