The microfinance company Gentera, the parent company of Compartamos Banco, raised 600 million pesos (28.3 million dollars) by placing a three-year bond.
The issuance, in charge of its subsidiary ConCrédito and with the ticker symbol FUTILCB 21, contemplates an Interbank Equilibrium Interest Rate (TIIE), at 28 days plus 218 basis points, and had a demand 1.6 times higher than the amount placed.
Prior to this issue, at the end of last November, Compartamos Financiera, another Gentera subsidiary that operates in Peru, went to the local market to collect 100 million soles (24.9 million dollars) with a short-term bond.
MTY fiber, a real estate investment trust (Fibra), specialized in offices and industrial properties, carried out the contracting of a loan for up to 150 million dollars with a group of banks, resources that it will use primarily for potential acquisitions with an emphasis on properties industrial cut.
The loan was contracted with a group of banks led by BBVA México, at a variable rate, without guarantee and with a single principal payment at maturity, as well as a term of five years.
Once Fibra MTY fully executes the loan, the potential adjusted cash flow would be around 0.96 pesos per Real Estate Trust Certificate, according to its own estimates.
The trust’s intentions to contract financing were announced in the first days of October, and it obtained the support of its fiber holders at the ordinary meeting held that same month, where it also discussed some changes to the contract it has with its administrator.
Unifin, the financial services company and the largest independent leasing company in the country, intends not to be overwhelmed as could happen with any traditional financial institution, so it concentrated its efforts on the digitization of its business through Uniclick, a recently created subsidiary with which it seeks give more loans especially to small and medium-sized companies (SMEs).
The objective of its subsidiary, which officially saw the light in 2021 after a pause due to complications in the business due to the Covid-19 pandemic, is to double the number of customers that currently originate through its new technological platform, to reach to 3,000 SMEs in 2022, as well as increasing its portfolio from the 1,500 million pesos with which it would close this year, to more than 3,000 million by 2022.
To achieve the goal of doubling the business, this Unifin subsidiary leverages digital tools such as its parametric risk system for granting simple unsecured loans, which analyzes from the sector to the state in which the company is located. that will give financing.
The average of the credits granted by the new Unifin subsidiary is approximately 1.2 million pesos to businesses with at least 12 months in operation and registered with the Tax Administration Service (SAT).
To grant loans, Uniclick receives resources from its owner Unifin, who has different funding lines for its different products.
Walmart the Mexico and Central America, signed a collaboration agreement for the construction of a new distribution center in the city of Huamantla, in Tlaxcala, with an investment of more than 3,000 million pesos.
The center, which will generate more than 1,200 direct jobs and at least 700 indirect jobs, will open in 2024 and will supply 240 stores in Mexico City, Hidalgo, Oaxaca, Puebla, Tlaxcala and Veracruz.
Of this amount, 608 million pesos will be for technology and innovation.
The pharmaceutical Britain’s AstraZeneca is considering listing its newly created vaccine unit on the stock market.
Last month, AstraZeneca announced the creation of a new division focused on vaccines and immune therapies, as well as flu and respiratory syncytial virus injections and drugs.
Reference-www.eleconomista.com.mx