Overview

• The issuance will disburse on October 6 after being executed on September 30.
• Investor orders reached 32,595 million pesos, or 2.17 times the amount issued, ranking third-highest for a Mexican corporate since 2020.
• The deal comprised three tranches: 3 years for 2,700 million pesos, 10.5 years for 4,800 million, and 15 years for 7,500 million.
• Fitch, Moody’s and S&P assigned AAA local ratings, and strong demand cut reference spreads by an average of 19 basis points.
• Funds will repay a Cebures maturity due in November and refinance short-term debt, and CFE pledged equivalent investment in eligible renewable, efficiency and social-access projects under its Sustainable Financing Framework.