Unifin signs senior unsecured loan for USD $45 million

unifin

Mexico City, Mexico, September 29th, 2021 – UNIFIN Financiera, S.A.B. de C.V. (BMV: UNIFINA) (“UNIFIN” or the “Company”), announces the signing of a senior unsecured five-year term loan for USD 45 million with the impact investment fund, Eco-Business Fund.

With this financing, UNIFIN signals its commitment to implement an Environmental and Social Risk Analysis System aligned with the best international practices.

The Company will use the proceeds of this financing to develop products that promote responsible environmental and social practices in small and medium-sized companies in Mexico.

This transaction reinforces the initiatives undertaken by UNIFIN since 2020 to build its corporate sustainability strategy creating value for all its stakeholders.

 

Miranda Newswire – Full Press Release: Download PDF

 

Contact Details

David Pernas

Director, IR and Corporate Finance

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. UNIFIN´s main business lines are operating leasing, factoring, auto loans, structured finance, 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.
 
Forward Looking Statements
This document may contain certain forward-looking statements. These statements are non-historical facts, and they are based on the current vision of the Management of UNIFIN Financiera, S.A.B. de C.V., for future economic circumstances, the conditions of the industry, the performance of the Company and its financial results. The terms “anticipated”, “believe”, “estimate”, “expect”, “plan” and other similar terms related to the Company, are solely intended to identify estimates or predictions. The statements relating to the declaration or the payment of dividends, the implementation of the main operational and financial strategies and plans of investment of equity, the direction of future operations and the factors or trends that affect the financial condition, the liquidity or the operating results of the Company are examples of such statements. Such statements reflect the current expectations of the management and are subject to various risks and uncertainties. There is no guarantee that the expected events, trends, or results will occur. The statements are based on several suppositions and factors, including economic general conditions and market conditions, industry conditions and various factors of operation. Any change in such suppositions or factors may cause the actual results to differ from expectations.

Share our news:

Share on linkedin
LinkedIn
Share on twitter
Twitter
Share on whatsapp
WhatsApp
Share on email
Email

Latest News

TRAXIÓN DAY 2022

Dear Investment Professional, TRAXIÓN Cordially invites you to its TRAXIÓN DAY 2022. The event will be hosted on a virtual format on June 9, 2022

Read More »

Miranda Partners Expands to Colombia

Mexico City, May 16, 2022.- Miranda Partners, a corporate communications consultancy based in Mexico City, announces the opening of its offices in Bogota, Colombia, under the leadership of Felipe Ortegón Romero, a consultant and strategic communications advisor. Ortegón is an Organizational Communication Management specialist with over 15 years of experience leading press, public relations, crisis, and corporate reputation offices at more than 20 companies, including startups, fintechs, and universities.

Read More »