Sunday, July 21, 2013

Insurance - Mexico - Mexico's Banorte to increase capital, eliminate double leverage with stock offering

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Source: --- Friday, July 19, 2013
Thanks to its recent US$2.5bn follow-on equity offering, Mexican holding Grupo Financiero Banorte's core capital ratio will rise to 17%, according to Fitch. The new capital will also pay off the tempo... ...


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