Kelsey Butler
itskelseybutler.bsky.social
Kelsey Butler
@itskelseybutler.bsky.social
Bloomberg News emerging markets reporter, focused on Mexico. Reality TV and Yankees super fan. Rooting for everybody Black. Email: [email protected]
NEW: Mexican companies are tapping the local bond market at a record clip as lower interest rates at home, looming maturities and a growing pool of institutional capital spur deals. 🎁🔗

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Mexico Local Bond Sales Hit Record as Companies Rush to Market
Mexican companies are tapping the local bond market at a record clip as lower interest rates at home, looming maturities and a growing pool of institutional capital spur deals.
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October 7, 2026 at 6:24 PM
MY LATEST: Mexican finance officials are exploring the possibility of creating an umbrella-financing package for renewable-energy projects that could be supported by more than $4 billion from development bank Banobras, the bank’s head said. www.bloomberg.com/news/article...
Mexico Readies $4 Billion in Financing to Back Energy Projects
Mexican finance officials are exploring the possibility of creating an umbrella-financing package for renewable-energy projects that could be supported by more than $4 billion from development bank Ba...
www.bloomberg.com
July 12, 2026 at 12:52 AM
NEW: Top officials from Mexican President Claudia Sheinbaum’s government have met with asset managers including BlackRock, KKR and Macquarie Asset Management as her country looks to jump-start private investment in infrastructure development. www.bloomberg.com/news/article...
Mexico Courts BlackRock, KKR to Ramp Up Infrastructure Projects
Top officials from Mexican President Claudia Sheinbaum’s government have met with asset managers including BlackRock Inc., KKR & Co. and Macquarie Asset Management as her country looks to jump-sta...
www.bloomberg.com
July 1, 2026 at 6:43 PM
MY LATEST: In Mexico City, the executives have arrived from the likes of Blue Owl, Ares and Golub Capital, all seeking a rare prize: a large pot of untapped money. Mexican pension funds represent a $500 billion opportunity for the biggest alternatives firms. (🎁🔗) tinyurl.com/yuprrzxk
Blue Owl, Ares Court Mexico’s $500 Billion Pension Fund Windfall
In Mexico City, the executives have arrived from the likes of Blue Owl Capital Inc., Ares Management Corp. and Golub Capital, all seeking a rare prize: a large pot of untapped money.
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June 8, 2026 at 3:36 PM
EXCLUSIVE: Fibra Soma, the owner of luxury real estate assets including Mexico City’s Soho House, plans to snap up as much as $800 million of property over the next two quarters as it shifts from developing projects to expanding through acquisitions. www.bloomberg.com/news/article...
Mexico Soho House Owner Plans $800 Million in Acquisitions
Fibra Soma, the owner of luxury real estate assets including Mexico City’s Soho House, plans to snap up as much as $800 million of property over the next two quarters as it shifts from developing proj...
www.bloomberg.com
June 5, 2026 at 7:30 PM
BIDDING WAR OVER: Real estate investment trust Fibra MTY won the bidding war for peer Fibra Macquarie, creating one of the largest REITs in Mexico with combined assets of about $6.5 billion.

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Mexico’s Fibra MTY to Buy Fibra Macquarie in $1.7 Billion Deal
Real estate investment trust Fibra MTY won the bidding war for peer Fibra Macquarie, creating one of the largest REITs in Mexico with combined assets of about $6.5 billion.
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June 1, 2026 at 3:03 PM
RALLY HALTED? -- Yearly reviews of the North American trade pact, a scenario that has become the base case to many in Mexico, would put a drag on one of the best currency rallies in emerging markets, according to BBVA Mexico. (Gift link) tinyurl.com/apf7pmyu
USMCA Annual Review Risks Halting Mexican Peso Rally, BBVA Says
Yearly reviews of the North American trade pact, a scenario that has become the base case to many in Mexico, would put a drag on one of the best currency rallies in emerging markets, according to BBVA...
tinyurl.com
April 16, 2026 at 10:29 PM
NEW: One of the largest players in Mexico’s booming pension fund system is eyeing more investments in the country’s financial sector after purchasing a stake in Citigroup Inc.’s retail bank Grupo Financiero Banamex. tinyurl.com/n23hyecc
Mexico Pension Giant Afore Sura Sees Banamex Deal as One of Many in Sector
One of the largest players in Mexico’s booming pension fund system is eyeing more investments in the country’s financial sector after purchasing a stake in Citigroup Inc.’s retail bank Grupo Financier...
tinyurl.com
April 1, 2026 at 5:32 PM
MY LATEST: Two Mexican real estate investment trusts have said they plan to bid for peer Fibra Macquarie (which has a nearly $2b market cap), one day after Fibra Prologis shareholders signed off on plans to buy it. (Gift link below!) tinyurl.com/y53mcb6y
Mexico’s Fibra Macquarie Set for Bidding War Amid New Offers
Two Mexican real estate investment trusts have said they plan to bid for peer Fibra Macquarie, one day after Fibra Prologis shareholders signed off on plans to buy it.
tinyurl.com
March 19, 2026 at 4:01 PM
SCOOP: A pair of US companies plans to install electric-vehicle chargers in Mexico’s central region as part of a $500 million investment pact, the latest example of international investors betting on the country’s growing EV sector.🔌Gift link here: tinyurl.com/2xvfdd3z
Mexico Gets $500 Million EV Charging Boost as Investment Rises
A pair of US companies plans to install electric-vehicle chargers in Mexico’s central region as part of a $500 million investment pact, the latest example of international investors betting on the cou...
tinyurl.com
March 5, 2026 at 6:09 PM
NEW (with some on the ground reporting from me): Despite assurances from Claudia Sheinbaum that Mexico was returning to normal after a weekend of cartel violence, many vacationers to Puerto Vallarta still faced canceled flights & shelter-in-place warnings. www.bloomberg.com/news/article...
Mexico Visitors Shaken as Cartel Death Fuels Travel Chaos
Despite assurances from President Claudia Sheinbaum and her security minister Monday that Mexico was returning to normal after a weekend of cartel violence, many vacationers to Puerto Vallarta and oth...
www.bloomberg.com
February 24, 2026 at 1:34 PM
MY LATEST: Petroleos Mexicanos is back to borrowing in pesos for the first time in six years, a move that some investors say could usher in the busiest season for Mexico's local debt markets in at least two decades. tinyurl.com/2r3rf885
Local Debt Revival in Mexico Starts With $1.8 Billion Pemex Deal
Petroleos Mexicanos is back to borrowing in pesos for the first time in six years, a move that some investors say could usher in the busiest season for local debt markets in at least two decades.
tinyurl.com
February 12, 2026 at 7:52 PM
Another busy day covering MXN! The rally that has sent the Mexican peso to the highest in almost two years hit a bump on Wednesday as US President Donald Trump was said to be musing an exit from the North American trade pact. (Gift link to the full story!) tinyurl.com/y4t7f4ye
Mexico Peso’s Rally Stalls as Trump Reignites Trade Angst
The rally that has sent the Mexican peso to the highest in almost two years hit a bump on Wednesday as US President Donald Trump was said to be musing an exit from the North American trade pact.
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February 11, 2026 at 8:02 PM
NEW: Donald Trump’s immigration crackdown and the fast-strengthening peso are putting additional pressure on Mexico’s economy by slowing the flow of money into the country. Gift link here! www.bloomberg.com/news/article...
Trump Immigration Policies, Peso to Drag Down Remittances
Donald Trump’s immigration crackdown and the fast-strengthening peso are putting additional pressure on Mexico’s economy by slowing the flow of money into the country.
www.bloomberg.com
February 10, 2026 at 9:35 PM
MY LATEST: An unprecedented flood of support from Mexico’s government this year led to a windfall for Pemx debt investors. Gift link! tinyurl.com/bdch2922
Mexico’s $41 Billion Debt Binge Made Pemex Best Bond in Latam
An unprecedented flood of support from Mexico’s government this year led to a windfall for Petroleos Mexicanos debt investors.
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December 22, 2025 at 6:31 PM
MY LATEST: Vanguard, one of the world’s biggest asset managers, plans to triple the size of its Miami team and expand elsewhere in the US to cater to Latin Americans looking to move more of their wealth offshore. (gift link!) www.bloomberg.com/news/article...
Vanguard Plans Miami Expansion to Tap More Latin American Wealth
Vanguard, one of the world’s biggest asset managers, plans to triple the size of its Miami team and expand elsewhere in the US to cater to Latin Americans looking to move more of their wealth offshore...
www.bloomberg.com
December 5, 2025 at 12:11 AM
SCOOP: Mexican real estate investment trust Nearshoring Experts & Technology SC raised as much as 7.34 billion pesos ($398 million) in a share sale backed primarily by domestic investors. www.bloomberg.com/news/article...
Fibra Next Raises $398 Million in Downsized Share Sale
Mexican real estate investment trust Nearshoring Experts & Technology SC raised as much as 7.34 billion pesos ($398 million) in a share sale backed primarily by domestic investors.
www.bloomberg.com
November 21, 2025 at 10:12 PM
Reposted by Kelsey Butler
I spoke with @itskelseybutler.bsky.social at Bloomberg today about cane sugar, corn syrup, and the Mexico SSB tax: “You can’t think of a sugar sweetened beverage tax as a cure for all our public health nutrition ills, but it’s one piece of the recipe for success.”
www.bloomberg.com/news/newslet...
Do Taxes on Sugary Drinks Reduce Consumption?
Hey, it’s Kelsey in Mexico City, where the federal government recently pitched a hike on a sugary drinks tax to boost public health. More on that in a moment, but first ...
www.bloomberg.com
September 19, 2025 at 5:24 PM
Reposted by Kelsey Butler
Bad Bunny's residency on his home island is going to pump about $181 million into the Puerto Rican economy, @jimwyss.bsky.social @itskelseybutler.bsky.social report. Gift link: www.bloomberg.com/news/article...
The Bad Bunny Bump: Star’s Residency Boosts Puerto Rican Economy
Fans are booking flights and hotel rooms to catch the star’s 30-show summer stay in his island home.
www.bloomberg.com
July 10, 2025 at 4:20 PM
For a company drowning in debt, Pemex is enjoying a rare wave of investor optimism. Buyers are snapping up the driller’s bonds, betting President Claudia Sheinbaum can stabilize its finances and restore credibility for the state-owned giant. (Gift link) www.bloomberg.com/news/article...
Investors Bet Sheinbaum Can Rescue Pemex Where Others Failed
For a company drowning in debt, Petroleos Mexicanos SA is enjoying a rare wave of investor optimism. Buyers are snapping up the driller’s bonds, betting President Claudia Sheinbaum can stabilize its f...
www.bloomberg.com
June 6, 2025 at 3:54 PM
It’s a Mexico election unlike any other. No sports stadiums packed with the party faithful. The smiling faces of normally omnipresent candidates almost completely absent on TV. But the stakes couldn’t be higher. Gift link for a banger of a story by Maya Averbuch, Alex Vasquez: tinyurl.com/5n97eaxk
Mexico’s Judicial Reform Is Now In the Hands of Confused Voters
Lea la nota en español
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May 28, 2025 at 4:42 PM
NEW: Mexican stocks surged to an all-time high this week, buoyed by a post-Liberation Day bounce and tracking a broader rally in Latin American equities. (Gift link) tinyurl.com/3z65det8
Mexico Stocks Hit Record as Tariff Respite Boosts Risky Assets
Mexican stocks surged to an all-time high on Tuesday, buoyed by a post-Liberation Day bounce and tracking a broader rally in Latin American equities.
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May 28, 2025 at 12:47 PM
Having the week from hell, and rain for Beyoncé + Memorial Day weekend is really going to be the last straw for me… 😤
May 22, 2025 at 12:25 AM
NEW: A Republican proposal to tax remittances would deliver an economic blow to some of the US’s poorest neighbors, including a close ally of Trump. One think tank conservatively estimates it could lead to a 10% drop in volume of remittances sent. (Gift link) tinyurl.com/27km4pwc
Remittance Tax Plan Poses Threat to US Allies in Central America
A Republican proposal to tax remittances would deliver an economic blow to some of the US’s poorest neighbors, including a close ally of President Donald Trump.
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May 20, 2025 at 5:47 PM