Moody’s Assigns Ba2 to Cox Mexico’s US$750 Million Notes
- Posted on September 7, 2026
- By Google News
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- 1 min read
In brief
Cox Asset Mexico has successfully obtained a Ba2 rating from Moody's for its US$750 million perpetual notes offering. This strategic debt issuance aims to refinance approximately US$733 million in maturing obligations scheduled for 2031, providing the company with improved financial flexibility. The Ba2 rating reflects moderate credit quality with some speculative characteristics, indicating acceptable creditworthiness despite inherent risks associated with the Mexican market.
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Moody’s Assigns Ba2 to Cox Mexico’s US$750 Million Notes
Moody’s assigned a Ba2 rating to Cox Asset Mexico’s US$750 million perpetual notes issuance to redeem US$733 million in debt due in 2031.
