Morixe received bids for more than $10.56 mn in its first placement of Bonds

The flour and food producer Morixe Hermanos received bids for more than 1,000 million pesos ($10.56 mn) in its first issue of Negotiable Obligations in the domestic capital market. The company was awarded 400 million pesos ($4.22 mn) at Badlar Rate with a 0% spread. Due to the high demand, it had to apply a proration factor of 2.25% and left out more than 600 million pesos ($6.33 mn).

Source: Ámbito