Client or Matter Name

FIBRA Prologis – Toma de Nota to update relevant indebtedness guidelines (FIBRAPL14).

Deal Description

We represented FIBRA Prologis in the application and authorization granted by the National Banking and Securities Commission (CNBV) and the Securities National Registry (RNV) derived from the amendment carried out to the Trust Agreement No. 1721 (FIBRA Prologis) to provide the new indebtedness guidelines approved by the Holders’ Meeting of the CBFIs identified with ticker FIBRAPL14.

This transaction was carried out simultaneously and as a condition to launch the second issuance of Long Term Trust Certificates (Certificados Bursátiles Fiduciarios de Largo Plazo) under a Multi-Value Program for an amount of USD$70'000,000 due in 2031, successfully closed by FIBRA Prologis on May 4, 2021.

Banco Actinver acted as Issuer Trustee and Prologis Property Mexico, S.A. de C.V. acted as manager, in such application.

Innovation & Additional Comments

This transaction was carried out simultaneously and as a condition to launch the second issuance of Long Term Trust Certificates (Certificados Bursátiles Fiduciarios de Largo Plazo) under a Multi-Value Program for an amount of USD$70'000,000 due in 2031, successfully closed by FIBRA Prologis on May 4, 2021.

Jurisdiction

Mexico

Governing Law
Mexico

Deal Value

Authorized total amount of the Multivalue Program purpose of the toma de nota: MXP$38,300,000,000.

Deal Duration, Date of Closing / Signing

Kick-off: March 29, 2021
Closing Date: April 21, 2021

Practice Area

Capital and Debt Markets – Securities

Team GC

Bernardo Reyes Retana K. (partner)
Diego Hernández Abascal (associate)
Fernando Blanco González (law clerk)
Pamela Suárez Arroyuelo (law clerk)

Additional Comments

This transaction was carried out simultaneously and as a condition to launch the second issuance of Long Term Trust Certificates (Certificados Bursátiles Fiduciarios de Largo Plazo) under a Multi-Value Program for an amount of USD$70'000,000 due in 2031, successfully closed by FIBRA Prologis on May 4, 2021.