UNIFIN FINANCIERA SIGNED NEW CREDIT LINES FOR A TOTAL AMOUNT OF PS. 7.4 BILLION

unifin

Mexico City, January 12th, 2021 – UNIFIN Financiera, S.A.B. de C.V. (BMV: UNIFINA) (“UNIFIN” or the “Company”) announces the closure of three new credit lines for a total principal amount of Ps. 7.4 billion.

On December 29th, 2020, the Banco Nacional de Obras y Servicios Públicos S.N.C. (Banobras S.N.C.), authorized a credit line for UNIFIN for a principal amount of Ps. 4.0 billion, with a term of up to 30 years. Through this credit line, UNIFIN positions itself as a strategic ally of the Mexican development banks (along with NAFINSA and Bancomext), to continue promoting inclusion and financial development in Mexico.

In addition, UNIFIN obtained two loans through two commercial banks for a total amount of Ps. 3.4 billion with a term of up to 24 months.

UNIFIN believes that these new banking relationships reflect its continuous ability to access different sources of financing and demonstrate the trust placed in its business model and financial stability.

The obtained resources will be used for developing our pipeline and financing growth, improving liquidity levels, as well as reinforcing the Company’s commitment to delivering sustainable operations.

 

Miranda Newswire – Full Press Release: Download PDF

 

Investor Relations Contact Details

David Pernas – Director, IR & Corporate Finance
Lucia Badiola – Investor Relations
Tel: +52 (55) 4162 8270
E-mail: unifin_ri@unifin.com.mx
Website: www.unifin.com.mx

 
About the Company
UNIFIN is the leading independent Mexican leasing company, operating as a non-banking financial services company, specializing in three main business lines: operating leasing, factoring, auto loans and other lending. Through UNIFIN’s leasing business line, its core business line, the Company offers operating leases for all types of equipment and machinery, various types of transportation vehicles (including cars, trucks, helicopters, airplanes and other vessels) and other assets in a variety of industries. Through its factoring business line, UNIFIN provides liquidity and financing solutions to its customers by purchasing or discounting accounts receivable and by providing vendor financing. UNIFIN’s auto loans business line is focused on financing the acquisition of new and used vehicles.

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