Mexico City, May 2nd, 2025 – Fibra EXI (BMV: FEXI21), announced today its results for the first quarter ended March 31, 2025.
1Q25 HIGHLIGHTS
- During 1Q25, we recorded a consolidated EBITDA margin of 77.2%, compared to 5% in 1Q24.
- In March 2025, we distributed $160 million pesos, equivalent to $0.138 pesos per certificate, with a Dividend Yield of 0.72%. Since the issuance of the FIBRA, we have distributed $2,419 million pesos, equivalent to a Dividend Yield of 10.93%.
1Q25 MAIN STRATEGIC ACTIVITIES
On April 28, 2025, the Trust entered into a Private Placement Notes Purchase Agreement (“NPA” or the “Private Placement”) for up to $2,800 million pesos.PGIM, Inc. and its subsidiaries (collectively, “Prudential”) served as the initial purchasers of 100% of the private notes.
On the same date, the Trust disbursed the full proceeds to repay the outstanding balance of Tranche A under the Simple Revolving Credit Facility Agreement (the “Credit Agreement”), signed on June 2, 2023, with BBVA México, S.A., a Multiple Banking Institution, Grupo Financiero BBVA México, as Administrative Agent, together with Banco Santander México, S.A. and Banco Multiva, S.A., both Multiple Banking Institutions, as part of the Syndicated Loan. At the time of payment, the loan had an outstanding balance of $2,646 million pesos. The remaining funds were used to cover transaction-related expenses.
This refinancing aims to create a more efficient debt structure, favoring investor distributions and a more suitable amortization profile. FEXI is now the first Fibra E in Mexico to complete a private placement of debt notes with an international investor.
Earnings Call
First Quarter 2025 Results Conference Call and Webcast Details
Date: Monday, May 2, 2025
Time: 10:00 a.m. Mexico City Time (12:00 p.m. E.T.)
Webcast: https://us02web.zoom.us/webinar/register/WN_ppEC1_QYQGePCpRC8O4WNQ#
Participants: Raúl Martinez (CFO)
Conference ID: 830 4518 4195
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