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

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Source: member.bnamericas.com --- 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... ...

Source: http://member.bnamericas.com/news/insurance/mexicos-banorte-to-increase-capital-eliminate-double-leverage-with-stock-offering

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