Mexico City, February 24th, 2022. UNIFIN Financiera, S.A.B. de C.V. (BMV: UNIFINA) (“UNIFIN” or “The Company”) informs the investor public that today it successfully carried out its first public offering and placement in the local market of short-term unsecured notes under the Company’s revolving certificates program (“CEBURES”), in the amount of MXN $3,000,000,000.00, with a term of 364 days, equivalent to 13 coupons of 28 days and a variable rate of TIIE28 + 1.40%.
A broad base of institutional investors participated in the offering, including pension funds, investment funds, insurance companies, treasury departments, private banks and government financial institutions, reaching the total level called, which confirms the confidence of domestic investors in the Company, its fundamentals, as well as in its operating, financial, and organizational performance.
The Company will use the proceeds for corporate purposes and infrastructure. This transaction bolsters the Company’s liability management strategy, based on maintaining a healthy capital structure and reducing short-term refinancing risks.
Sergio Camacho, Chief Executive Officer of UNIFIN commented, “This transaction demonstrates the confidence of the domestic market in UNIFIN, as well as in the Company’s ability to maintain an adequate management of its financial liabilities, which allows us to focus our efforts on the development of our business plan and continue to strategically position ourselves in the face of changing market conditions.”
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