The rating agency expects more asset sales by the conglomerate
Rumors on the transaction, which will lead the company to delist from the Mexican stock exchange, had been circulating for a few months.
Expected to be fully up and running in 2019, the company will be called Gestora de Inteligência de Crédito and each of the five partners will have a 20% stake.
BNamericas asks Moody's associate managing director Aaron Freedman for his views on this and what the outlook is for M&As in the region.
The investment, an initiative under the so-called Alliance for Prosperity plan, will include public and private funds, as well as US$750mn in financing from the IDB.
Bank association Asbanc noted a strong interest in the instant bank transfer option that went into operation starting September 2016.