FIBRA EXI (BMV: FEXI21) Announces 1Q25 Earnings Release

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 pesosequivalent 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

Dial-in:

Mexico

+52 558 659 6002

+52 554 161 4288

+52 554 169 6926

United States

+1 312 626 6799 (Chicago)

+1 346 248 7799 (Houston)

+1 646 558 8656 (New York)

 

Miranda Newswire – Full Press Release: Download PDF

 

Investor Relations Contact Details

Tel. +52 55-5292-4772

 
About FEXI21
Fibra EXI (BMV: FEXI21) is a FIBRA E whose main objective is to invest in shares and partnership interests of eligible infrastructure and energy assets and to make distributions from resulting cash flows to its certificates holders. It is administered by MIP F.1., S.A. de C.V., a company member of Mexico Infrastructure Partners (MIP), a leasing administrator of infrastructure and energy investment funds. MIP’s team has extensive regional and international experience in asset management, a long history in structuring and raising investment funds, and strong relationships with key players in the sector. 

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