Terrafina $425 million 5.25% notes issue

10/11/2015
Investment grade bond/note issue

$ 425 million

Completed

10/11/2015


Overview:

  • Terrafina has issued $425 million in notes.
  • The 5.25% notes are due in 2022. 
  • Citigroup Global Markets, Barclays Capital and Itaú acted as initial purchasers. 
  • The notes were over two times oversubscribed.
  • Terrafina is a FIBRA (or a Mexican REIT) that focuses on industrial real estate properties.

Rani Mehta - Journalist 

Jurisdictions:

Mexico
United States

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Industry sector:

Real estate


Firms:

Party: Terrafina (Issuer)


Party: Citigroup (Initial purchaser)

Party: Barclays (Initial purchaser)

Party: Banco Itaú (Initial purchaser)


Party: Citigroup (Initial purchaser)

Party: Barclays (Initial purchaser)

Party: Banco Itaú (Initial purchaser)