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Mexico City Airport Trust (Mexico City) has completed a $482mn of bond buyback as per the tender offer announced earlier in November. Mexico City had originally sought to repurchase $993mn of the total $4.2bn of debt outstanding which had been issued to fund building a new airport, the project which was scrapped later. The details of the bonds bought back in the tender offer are as follows:
Its dollar bonds were flat with its 3.875% 2028s trading at 92.1 cents on the dollar, yielding 5.94%
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