BBB

Banco Mercantil del Norte SA (Grand Cayman Branch) 8.375% PERP

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Overview
Analysis

BMCD5939697 analysis



Key facts


Issuer
Banco Mercantil del Norte SA (Grand Cayman Branch)
Issue date
Nov 20, 2024
Outstanding amount
‪750.00 M‬USD
Face value
1,000.00USD
Minimum denomination
200,000.00USD
Coupon
8.38% (Variable)
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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