Mexico City, May 12th, 2021 – Mexarrend, a leading financial company in the Mexican market, successfully renewed its short-term and long-term local bond issuance program (“Certificados Bursátiles”) on May 7th for up to $2 billion pesos in the Bolsa Institucional de Valores (“BIVA”) with a 5-year term under the ticker “MEXAMX”.
Vector Casa de Bolsa is the Issuing Agent and Grupo Financiero Monex the Common Representative.
The program was rated “F2 (mex)” by Fitch and “HR2” by HR Ratings.
This renewal supports Mexarrend’s growth strategy and affirms its strong positioning in the financial market.
Mexarrend’s CEO, Alejandro Monzó, commented: “The renewal of the Certificados Bursátiles program in Mexico positions Mexarrend favorably to meet the Company’s projected growth and continue financing Mexican entrepreneurs and SMEs. We have participated in this market for over 15 years and this renewal demonstrates the confidence that investors have in Mexarrend’s business model.”
Miranda Newswire – Full Press Release: Download PDF
Investor Relations Contact Details
Ana María Ybarra
ana.ybarra@miranda-ir.com