CASE STUDY: MTP Navigates Regulatory Unknowns to Issue Mexico’s First Tower Securitization
Bonds & Loans
Published: 28 March 2018 01:57
The first securitization sponsored by Mexico Tower Partners included a much-anticipated 5-year bullet repayment date (ARD) and marked the first wireless tower-backed securitization in Mexico. The structure allowed MTP to waive CNBV’s partial dependence requirement, repay the existing credit facility and keep the remaining proceeds from the issuance.
18 Oct 2018