TIIE

TOTAL PLAY REFINANCES $1,000 MILLION PESOS OF CERTIFICADOS BURSATILES

Retrieved on: 
Wednesday, April 24, 2024
TIIE, Telecommunications, Internet access

MEXICO CITY, April 24, 2024 /PRNewswire/ -- Total Play Telecomunicaciones, S.A.P.I.

Key Points: 
  • MEXICO CITY, April 24, 2024 /PRNewswire/ -- Total Play Telecomunicaciones, S.A.P.I.
  • de C.V. ("Total Play"), a leading telecommunications company in Mexico, which offers internet access, pay television and telephony services, through one of the largest 100% fiber optic networks in the country, announced today that it issued Certificados Bursátiles (Cebures) for $1,000 million pesos, at 350 days and at a rate of TIIE + 200 basis points.
  • The resources will be used to refinance a previous issuance of short-term Cebures for the same amount.
  • The issuance represents a vote of confidence from the financial community in the positive prospects of the business, its broad value creation, and the increasing financial strength of Total Play.

CME Group Launches Clearing Service for Mexican F-TIIE Overnight Index Swaps

Retrieved on: 
Tuesday, February 20, 2024
EBS, Standard, NYMEX, COMEX, Financial services, BBVA México, J. P. Morgan, New York Mercantile Exchange, OTC, City, S&P Dow Jones Indices, LATAM, CME Group, TIIE, Chicago Board of Trade, Risk, LTD, Director general, S&P, BBVA, Banco, Morgan Stanley, Metal, CME, OIS, Goldman Sachs, CBOT, HSBC, Iron ore

CHICAGO, Feb. 20, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that nine market participants have cleared over-the-counter (OTC) Mexican Overnight Funding Rate (F-TIIE) index swaps since the company launched its clearing service on February 5.

Key Points: 
  • CHICAGO, Feb. 20, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that nine market participants have cleared over-the-counter (OTC) Mexican Overnight Funding Rate (F-TIIE) index swaps since the company launched its clearing service on February 5.
  • Market participants who have already cleared these swaps through CME Group include Banorte, BBVA, Goldman Sachs, HSBC, J.P. Morgan, Morgan Stanley, and Santander.
  • "Our new swaps clearing service provides critical infrastructure for clients navigating the F-TIIE benchmark transition," said Agha Mirza, CME Group Global Head of Rates and OTC Products.
  • For more information on clearing F-TIIE index swaps at CME Group, please visit https://www.cmegroup.com/articles/2023/transition-from-28d-tiie-to-tiie-... .

TOTAL PLAY REFINANCES $1,000 MILLION PESOS OF CERTIFICADOS BURSATILES

Retrieved on: 
Wednesday, December 20, 2023
Telecommunications, Internet access, TIIE

MEXICO CITY, Dec. 20, 2023 /PRNewswire/ -- Total Play Telecomunicaciones, S.A.P.I.

Key Points: 
  • MEXICO CITY, Dec. 20, 2023 /PRNewswire/ -- Total Play Telecomunicaciones, S.A.P.I.
  • de C.V. ("Total Play"), a leading telecommunications company in Mexico, which offers internet access, pay television and telephony services, through one of the largest 100% fiber optic networks in the country, announced today that it placed Certificados Bursátiles (Cebures) for $1,000 million pesos, at 337 days and at a rate of TIIE + 130 basis points.
  • The resources will be used to refinance a previous issuance of short-term Cebures for the same amount.
  • The issuance represents a vote of confidence from the financial community in Total Play's solid market positioning, strong operating performance, and positive financial results.

Volaris successfully completes Ps. $1.5 billion Asset-Backed Trust Notes Offering

Retrieved on: 
Saturday, September 30, 2023
MEXICO, Communication, VLRS, S.A, City centre, CITY, Trust, BMV, Securities commission, ULCC, Sale, TIIE, VISA, Collection, Mastercard, NYSE, Online shopping

de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, has successfully concluded the issuance of 15 million asset-backed trust notes (the “Trust Notes”) in Mexico under the ticker VOLARCB 23, totaling Ps.

Key Points: 
  • de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, has successfully concluded the issuance of 15 million asset-backed trust notes (the “Trust Notes”) in Mexico under the ticker VOLARCB 23, totaling Ps.
  • This is the third offering under the program authorized by the Mexican National Banking and Securities Commission for an amount of up to Ps.
  • The Trust Notes were rated "HR AA+ (E)" and "AA+/M(e)" by the rating agencies HR Ratings de México, S.A. de C.V. and Verum Calificadora de Valores, S.A.P.I.
  • de C.V., respectively, and have a five-year maturity term and carry an interest rate of 28-day TIIE (interbank rate) + 215 basis points.

Orbia Announces Closing of the Offering of Its Supplemental Sustainability Linked Notes in the Mexican Market

Retrieved on: 
Thursday, August 31, 2023
Technology, Construction & Property, Chemicals, Plastics, Telecommunications, Building Systems, Manufacturing, Networks, Agriculture, Other Construction & Property, Natural Resources, Food, National Bank of Uzbekistan, S.A, BMV, Securities commission, Orbia, Polymer solution casting, TIIE, Netafim, Precision agriculture, Sanitation, Water, City, Health, Advance corporation tax, ISS, Renewable energy

ISS ESG issued a favorable second opinion regarding the certificados bursátiles and their “sustainability-linked bond” feature.

Key Points: 
  • ISS ESG issued a favorable second opinion regarding the certificados bursátiles and their “sustainability-linked bond” feature.
  • Orbia is a company driven by a shared purpose: to advance life around the world.
  • Orbia operates in the Polymer Solutions (Vestolit and Alphagary), Building and Infrastructure (Wavin), Precision Agriculture (Netafim), Connectivity Solutions (Dura-Line) and Fluorinated Solutions (Koura) sectors.
  • Orbia has a global team of over 24,000 employees, commercial activities in more than 100 countries and operations in over 50, with global headquarters in Boston, Mexico City, Amsterdam and Tel Aviv.

GRUPO BIMBO Announces the Successful Issuance of approximately $850 Million Dollars in Sustainability-Linked Local Bonds

Retrieved on: 
Thursday, June 1, 2023
MEXICO, Carbon accounting, Grupo Bimbo, SPO, TIIE, The Company, Sustainability, BBVA, SLB, Renewable energy

de C.V. ("Grupo Bimbo" or the "Company") announces the successful issuance in the Mexican market of Sustainability-linked Bonds (Certificados Bursátiles) for a total amount of approx.

Key Points: 
  • de C.V. ("Grupo Bimbo" or the "Company") announces the successful issuance in the Mexican market of Sustainability-linked Bonds (Certificados Bursátiles) for a total amount of approx.
  • $850 million dollars, which represents the largest corporate Sustainability-linked Bond (SLB) in the history of the Mexican market, and the largest transaction so far during the year.
  • The bonds are linked to Sustainability Performance Targets aligned to the net zero-carbon emission strategy of Scope 3, which accounts approximately for 90% of Grupo Bimbo's carbon footprint.
  • Grupo Bimbo once again recognizes and acknowledges the support of investors and BBVA, HSBC and Santander, the financial institutions that acted as joint bookrunners.