Mexican structured finance rides out the global credit storm

LATIN AMERICA ONLINE EXTRA: Mexico’s structured finance market continues to grow on the back of its housing boom.

The volume and variety of instruments continue to grow on the back of the housing boom, while the woes of the country’s northern neighbour are seen as a source of market hiccups rather than a more serious contagion. Leticia Lozano reports.

AS MEXICAN CONSTRUCTION companies busy themselves catering for the country’s historic home-building boom, so financiers find themselves equally active, grappling with the intricacies of the new asset and deal types reaching the market to pay for all this endeavour.

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