Unifin Financiera rating BB-
México
Ho raccolto qualche info aggiornata per questo emittente
Bond con taglio $200k
In particolare alcune banche hanno emesso rating buy per la scadenza 2026 per il bond USP94461AE36
L’anno scorso hanno fatto l’aumento di capitale
Embattled Mexican Lender Unifin Wins Breather on Capital Plan
- Unifin may inject up to $112 million under its new plan
- The lender’s bonds are the best in Mexico this month
By Justin Villamil
(Bloomberg) -- Mexican lender Unifin Financiera gained a reprieve from its debt problems last week after announcing that shareholders will consider a capital increase in their next general assembly.
Unifin bonds maturing in 2028 have leaped 25% to almost 81 cents on the dollar since the announcement on May 20, bringing the monthly gain to 81%. That is the best return among Mexican corporate bonds in May. The bonds had lost more than half their value in the first four months of the year.
The capital increase, which will happen through an issuance of as many as 140 million ordinary shares, will be worth up to 2.5 billion pesos ($112 million) and is expected to help the company deal with a potential wave of defaults.
“This is a strong show of support from existing shareholders - and another proactive step they are doing to manage through this crisis,” said Roger Horn, a senior emerging-market strategist at SMBC Nikko Securities America in New York. “It should make talks with banks go much more smoothly and maybe help with the rating agencies who have the name on watch negative.”
Unifin’s bonds were hammered at the start of the year as the outlook for Mexico’s economy worsened. Gross domestic product is expected to contract 7.6% this year, according to the latest survey of economists, the worst decline in almost a century.
UNIFINA MM Equity