RATINGS TO THE LONG TERM SENIOR NOTES (CERTIFICADOS BURSTILES) PROGRAM OF RO
28 Noviembre 2016 - 3:41PM
BMV General Information
GRUPO ROTOPLAS,S.A.B. DE C.V. (BMV: AGUA) ("ROTOPLAS" OR THE
"COMPANY"), THE LEADING PROVIDER OF INDIVIDUAL AND INTEGRATED WATER
SOLUTIONS IN THE AMERICAS, ANNOUNCED THAT FITCH RATINGS ASSIGNED
ROTOPLAS A 'AA(MEX)' NATIONAL SCALE RATING WITH STABLE OUTLOOK.
ALSO, IT HAS ASSIGNED A 'AA(MEX)' RATING ON TWO ISSUANCES WITH
PROPOSED TICKERS AGUA 16 AND AGUA 16-2, UNDER A SENIOR NOTES
(CERTIFICADOS BURSTILES) PROGRAM FOR A TOTAL AMOUNT OF UP TO $3.0
BILLION MEXICAN PESOS OR ITS EQUIVALENT IN INVESTMENTS UNITS
(UNIDADES DE INVERSIN, UDIS). ALSO, STANDARD & POOR'S ASSIGNED
ROTOPLAS A 'MXAA-' LONG-TERM NATIONAL SCALE RATING WITH STABLE
OUTLOOK, AND'MXAA-' RATING TO THE DEBT ISSUANCES PREVIOUSLY
MENTIONED, WITH A RECOVERY GRADE OF '3H'.
THE PROCEEDS WILL BE USED TO IMPROVE THE COMPANY'S MATURITY PROFILE
AND FOCUS ON SUSTAINABLE PRACTICES, THROUGH DEBT REFINANCE, FUNDING
WORKING CAPITAL NEEDS AND CAPITAL EXPENDITURES (CAPEX) AMONG
OTHERS.
SAFE HARBOR
THIS PRESS RELEASE MAY INCLUDE CERTAIN FORWARD-LOOKING STATEMENTS
RELATING TO GRUPO ROTOPLAS S.A.B. DE C.V., IT RELIES ON
CONSIDERATIONS OF THE GRUPO ROTOPLAS S.A.B. DE C.V. MANAGEMENT
WHICH ARE BASED ONCURRENT AND KNOWN INFORMATION; HOWEVER, THE
FORWARD-LOOKING STATEMENTS COULD VARY DUE TO FACTS, CIRCUMSTANCES
AND EVENTS BEYOND THE CONTROL OF GRUPO ROTOPLAS,S.A.B. DE C.V.
ABOUT THE COMPANYGRUPO ROTOPLAS S.A.B. DE C.V. IS THE LEADING
PROVIDER OF INDIVIDUAL AND INTEGRATED WATER SOLUTIONS FOR STORING,
CARRYING, AND TREATING WATER IN THE AMERICAS. WITH MORE THAN 35
YEARS OF EXPERIENCE IN THE INDUSTRY AND 23 PLANTS THROUGHOUT THE
AMERICAS. ROTOPLAS HAS PRESENCE IN 13 COUNTRIES AND A PORTFOLIO
THAT INCLUDES 17 PRODUCT LINES. GRUPO ROTOPLAS HAS BEEN LISTED ON
THE MEXICAN STOCK EXCHANGE (BMV) UNDER THE TICKER "AGUA" SINCE
DECEMBER 2014.