Junk Sales Soaring 92% as Fed Pledge Spurs Deluge: Mexico Credit

Mexico’s riskiest companies have almost doubled their bond sales abroad this year as surging demand for junk debt sends borrowing costs to a record low.

Lender Unifin Financiera SAPI’s offering last week pushed sales of speculative-grade dollar notes from the country to $3.5 billion, a 92 percent increase from the same period last year and the most since 2011, data compiled by Bloomberg show.