FEXI has successfully completed the settlement of its first follow-on offering of Energy and Infrastructure Investment Trust Certificates, pursuant to its program authorized by the Mexican National Banking and Securities Commission. The offering was conducted simultaneously in Mexico and in international markets under Rule 144A and Regulation S of the U.S. Securities Act of 1933.
The offering consisted of a total of 277,344,350 CBFEs (including the exercise of the over-allotment option), at a placement price of MXN $15.50 ($0.89) per CBFE, generating gross proceeds of approximately MXN $4,298,837,425 ($247 million). Following the offering, FEXI has a total of 1,443,604,803 outstanding CBFEs (including the exercise of the over-allotment option), which, based on the closing price of the certificates as of the date hereof, represents an aggregate market capitalization of approximately MXN $26,417,967,894.90 ($1.5 billion).
Net proceeds from the offering, after payment of