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Banco Mercantil del Norte, S.A.(Cayman I) -- Moody's rates A3 Banorte's Swiss franc fixed-rate senior notes

Moody's Investors Service ("Moody's") today assigned a long-term foreign currency senior unsecured debt rating of A3 to Banco Mercantil del Norte, S.A.'s (Banorte) CHF250 million fixed-rate senior unsecured notes. The notes will be issued through Banorte's Cayman Islands branch, Banco Mercantil del Norte, S.A.(Cayman I) (Banorte Cayman) and will mature in 11 October 2022.