TIP Mexico , a company dedicated to fleet leasing and management, announced the placement of its fifth issue of Trust Securities (CBF) for a total amount of four billion pesos (mdp), which confirms the confidence of the markets towards the company.
“Reaching another placement of four billion pesos is an achievement that reflects the strength of TIP México and the market’s confidence in our financial performance. We will continue to promote solutions that strengthen the country’s business mobility with efficiency, competitiveness, innovation, and a long-term vision,” said Mauricio Medina, CEO of TIP México.
In a statement, the company indicated that the issuance was carried out under the revolving program authorized by the National Banking and Securities Commission ( CNBV) , structured by Casa de Bolsa Banorte and placed by the banking institutions: Banorte , BBVA and Santander .
Since its initial public offering in 2014, TIP México has established a solid track record. This fifth issuance was 4.4 times oversubscribed, demonstrating strong interest from institutional investors .
The certificates have the highest credit ratings: AAA (mex) from Fitch Ratings and AAA.mx (sf) from Moody’s Local MX , which supports the financial stability and low risk profile of the issuance . They also have a term of 5.5 years, maturing in April 2031.
TIP Mexico continues to position itself as the only company in the sector to achieve stock offerings of this magnitude. This financing will strengthen its ability to respond more effectively to market needs .
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