The tycoon Carlos Slim, through his company Promotora del Desarrollo de América Latina (Ideal), broke in the health contingency with a streak of almost two years without public offerings on the Mexican Stock Exchange (BMV).
The infrastructure group, led by the Mexican businessman, placed a Fiber E in the BMV called “FIDEAL”, with which it obtained 25.827 billion pesos.
The placement, the BMV said in a statement, is relevant because it breaks with a significant drought without placements, but also because it was carried out in an environment of uncertainty caused by the Covid-19 pandemic.
“The placement is an unprecedented event since global markets are not registering financing activity, due to the high volatility and uncertainty,” said the trading institution.
The last time a Fiber was placed on the stock market was on June 13, 2018, when Fibra Structure raised 6,136 million pesos.
The Fibras are stock exchange vehicles destined to the financing for the acquisition and / or construction of real estate that have as their purpose the lease or purchase of the right to receive the income from the rental of said goods.
The assets that make up IDEAL’s Fiber E (infrastructure and energy) are the concessions: Concesionaria de Vías Troncales, whose main asset is the Chamapa-La Venta Highway; CFC Concesiones, where the main asset is the operation of the Toluca Nororiente Bypass.
In addition to ATM Concesiones, which operates the Tijuana-Mexicali Highway, and Arco Norte, whose main asset is the construction, operation, administration, and maintenance of the Arco Norte Highway.
“The appetite of investors is reflected in the size of the“ FIDEAL ”Offer, where 284 million 531 thousand 874 fiduciary stock certificates of investment in energy and infrastructure (CBFEs) were issued, at a price of 90.77 pesos each. , which is equivalent to 25 thousand 827 million pesos, being one of the highest amounts placed in the capital market, “said the BMV. .
The resources obtained through its Fiber E, Ideal will allocate to continue with its infrastructure projects in Mexico.
“In this way, Mexico, through the Mexican Stock Exchange, sends the market and investors a very positive signal and demonstrating financial and economic resilience,” said the stock market institution.