Comisión Federal de Electricidad (CFE), the Mexican state-owned electrical utility company, has listed its first debt instrument on the Irish Stock Exchange (ISE). This Mexican debt offering known as Cebures (Certificados Bursátiles), is denominated in Mexican Pesos (Ps) and valued at Ps 18.5bn.
The securities are part of a fungible issue of three debt listings on the ISE’s Global Exchange Market (GEM) of Ps 7.2bn, Ps 1.8bn and Ps 9.5bn. The Cebures are due in 2025 and have a coupon rate of 7.35%.
This is the second Mexican Cebures to list on the ISE, and follows the listing from Pemex, the Mexican state owned petroleum company, in March this year.
Other Mexican issuers listing on the ISE’s markets include Grupo Bimbo, Grupo Femsa, BBVA Bancomer, Banco Inbursa and CEMEX.
- Details of the CFE Cebures issuance
- CFE Ps 9.5bn listing particulars document
- CFE Ps 7.2bn listing particulars document
- CFE Ps 1.8bn listing particulars document