By Reshmi Basu
New York, Feb. 22 - The United Mexican States issued $8.18 million of "Internotes" due 2011 and 2013 on Wednesday under its new program to sell up to $1.5 billion of notes to individual investors in the United States.
Mexico sold $5.15 million of notes due Feb. 15, 2011 at par to yield 5%.
The country also sold $3.03 million of notes due Feb. 15, 2013 at par to yield 5.10%.
Joint lead managers were Incapital and Banc of America for the sale. Other agents include Charles Schwab, Citigroup, Edward D. Jones, Merrill Lynch, Morgan Stanley, Raymond James, RBC/ DainRauscher, UBS and Wachovia Securities.
Proceeds will be used for general purposes.
| Issuer: | United Mexican States
|
| Issue: | Internotes due 2011 and 2013
|
| Total amount: | $8.18 million
|
|
|
| 2011 notes
|
| Amount: | $5.15 million
|
| Maturity: | Feb. 15, 2011
|
| Coupon: | 5%
|
| Issue price: | Par
|
| Yield: | 5%
|
| Pricing date: | Feb. 21
|
| Settlement date: | Feb. 24
|
|
|
| 2013 notes
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| Amount: | $3.03 million
|
| Maturity: | Feb. 15, 2013
|
| Coupon: | 5.10%
|
| Issue price: | Par
|
| Yield: | 5.10%
|
| Pricing date: | Feb. 21
|
| Settlement date: | Feb. 24
|
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