16 March 2023

BBVA México acts as exclusive structurer and lead underwriter for FIBRA SOCIAL

BBVA México acted as financial advisor for Mexico Infrastructure Partners (MIP) in the issue of FSOCIAL 23, through the initial public offering of MXN6,1 billion.


The initial portfolio of the Fibra-E (a Mexican REIT) consists of two social infrastructure assets backed by Service Provision Agreements with the Mexican federal government, The proceeds of the offering will be used to acquire 97.7% of the shares of eligible companies.


Mexico Infrastructure Partners (MIP) is the country’s largest infrastructure fund manager (Fondos EXI) with around 21.7 billion pesos in called capital held through five funds in Mexico (CKDs and CERPIs) and Colombia. It has an experienced team with more than 100 years of combined expertise in infrastructure and energy, and has managed USD3.3 billion through 26 projects diversified across 7 industries.


BBVA México reaffirms its leadership in the League Tables with this transaction, the 54th deal on which it has advised in the capital markets since 2009. BBVA’s capacities and experience in the infrastructure industry and the structuring of FIBRA-E have been fundamental in the success of this deal.