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BBB

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

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Overview
Analysis

BMCD5305496 analysis


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Key facts


Issuer
Banco Mercantil del Norte SA de CV
Issue date
Nov 24, 2021
Outstanding amount
‪550.00 M‬ USD
Face value
1,000.00 USD
Minimum denomination
200,000.00 USD
Coupon
6.63% (Variable)
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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