BBB

Banco Mercantil del Norte, S.A., Institucion de Banca Multiple, Grupo Financiero Banorte 6.625% PERP

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Overview
Analysis

Key terms


Outstanding amount
‪550.00 M‬USD
Face value
1,000.00USD
Minimum denomination
200,000.00USD
Coupon
6.63% (Variable)
Coupon frequency
Quarterly
Yield to maturity
Maturity date
Term to maturity

About Banco Mercantil del Norte, S.A., Institucion de Banca Multiple, Grupo Financiero Banorte 6.625% PERP


Issuer
Banco Mercantil del Norte SA de CV
Sector
Finance
Industry
Major Banks
Home page
Issue date
Nov 24, 2021
FIGI
BBG013KYPJ42
Part of Grupo Financiero Banorte SAB de CV, Banco Mercantil del Norte SA de CV operates as a national bank. The company is based in Monterrey, Mexico. The CEO of the Mexican company is Jose Marcos Ramírez Miguel.
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