Overview
- Proceeds are earmarked for Cablebús Lines 5 and 6, including the Álvaro Obregón–Magdalena Contreras line to Metro Mixcoac and the Milpa Alta–Tláhuac line.
- The 10-year securities carry a fixed 9.30% annual coupon with semiannual interest, a single principal payment due November 23, 2035, and no early amortization.
- The deal was issued as Certificados Bursátiles Fiduciarios under Fideicomiso 187974, administered by Banamex with Banco Santander México as fideicomitente.
- Payment relies on federal participation flows channeled through Fideicomiso Maestro F/838, with the notes structured as unsecured (quirografarios).
- Authorities reported offers exceeding 6,000 million pesos; Casa de Bolsa Santander led placement and sustainable structuring, Monex is common representative, and the framework aligns with SHCP’s sustainable taxonomy.