TIP Mexico celebrated the traditional ringing of the opening bell at the Mexican Stock Exchange (BMV) to mark its fifth issuance of Trust-Based Securities (CBFs). The event symbolizes a further step in the company’s financial strengthening within the Mexican market .
The placement, carried out on November 4, amounted to four billion pesos (MXN) in CBFs. The result was met with an overall oversubscription of 2.77 times, reflecting investor confidence in TIP México’s business model .
“This debt issuance will allow us to strengthen our commercial offering, our operational capacity, diversify our funding agreements and, primarily, more efficiently meet the demand for leasing functions in key sectors such as logistics, transportation and vehicle leasing,” said Mauricio Medina, CEO of TIP Mexico.
During his speech at the “bell-ringing” ceremony, Medina explained that the issuance received triple A (AAA) ratings from Fitch Ratings and Moody’s , and highlighted that the operation transcends the financial aspect, reaffirming the company’s commitment to mobility as an engine of productivity and competitiveness , and that TIP’s growth is linked to Mexico’s economic development.
He also thanked the BMV, the financial partners Banorte , BBVA and Santander , as well as the investors, for the trust placed in the company and its long-term vision.
Double-digit growth
Following the “ringing of the bell”, Mauricio Medina and Roberto Medina, Vice President of Finance at TIP Mexico, held a press conference, where they reported that the company has maintained double-digit growth ranging between 10% and 12 percent .
Furthermore, they indicated that TIP Mexico currently has a fleet of 30,000 units and 14,000 units in freight transport ; it also has a portfolio of 7,400 clients, ranging from individuals to large corporations.
In terms of sustainability, executives noted that the company has promoted initiatives aligned with ESG (Environmental, Social, and Governance) criteria. These include EcoLeasing, which reduces diesel consumption in vehicles; the issuance of carbon credits to offset emissions; and a hybrid and electric fleet that already represents 10% of the total, exceeding the industry average .
With this CBF issuance, TIP Mexico has accumulated a record of 14.75 billion pesos placed in five issuances over the last decade, positioning the company as one of the most relevant players in transportation financing in the country .
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