Mexichem says it placed a US $750 million 30 year bond rated BBB- by Standard & Poors; says will use proceeds of borrowing to refinance short term debt and fund acquisitions.
Private equity group Actis commits US $250 million to establishing a Mexican energy unit, Zuma Energía, targeting acquisition and construction of over 500MW of installed capacity.
Alta Growth Capital says it completes close of its Alta Growth Capital Mexico Fund II, with US $142 million in commitments from a broad group of Mexican and international investors.
Mexico’s Guadalajara-based Kueski online short-term micro-lender to Latin American borrowers raises US $1.3 million seed capital from Core Ventures Group and Crunch Fund.
US-based angel investors platform Gust, reportedly agrees alliance with Mexican ONE to facilitate business angel investment, based on existing base of 2000 Mexican entrepreneurs.
Hasta la próxima!