FIBRA DANHOS ANNOUNCES ITS INTENTION TO ISSUE LONG TERM TRUST CERTIFICATES (D
13 Junio 2017 - 06:27PM
BMV General Information
MEXICO CITY, JUNE 13, 2017
FIBRA DANHOS (BMV:DANHOS) ANNOUNCES THAT LAST JUNE 12, 2017, IT
FILED BEFORE THE NATIONAL BANKING AND SECURITIES COMMISSION
(COMISIN NACIONAL BANCARIA Y DE VALORES) (THE "CNBV")AND THE
MEXICAN STOCK EXCHANGE (BOLSA MEXICANA DE VALORES, S.A.B. DE C.V.),
A REQUEST TO ISSUE, FOR THE THIRD TIME, AND TO OFFER TRUST
CERTIFICATES (DEBT) FORUP TO 2,500'000,000.00 MXN (TWO BILLION FIVE
HUNDRED MILLION PESOS 00/100), AIMING TO PLACE APPROXIMATELY
2,000'000,000.00 MXN (TWO BILLION PESOS 00/100), THROUGH A TEN-YEAR
FIXED RATE ISSUANCE (BMV: DANHOS 17) UNDER ITS REGISTERED TRUST
CERTIFICATES (DEBT) PROGRAM. FIBRA DANHOS ESTIMATES TO CLOSE THE
TRANSACTION DURING THE FIRST WEEK OF JULY.
ONCE THE NECESSARY AUTHORIZATIONS ARE OBTAINED, THE RESOURCES FROM
SUCH THIRD ISSUANCE CARRIED OUT PURSUANT TO THE PROGRAM WILL BE
USED TO COMPLIMENT THE EXISTING SOURCES OF FUNDING FOR CORPORATE
PURPOSES AND WORKING CAPITAL, INCLUDING, AMONG OTHER THINGS, THE
ACQUISITION, CONSTRUCTION AND DEVELOPMENT OF PROJECTS IN PROCESS,
AND IF APPLICABLE, TAKING ADVANTAGE OF OTHER BUSINESS
OPPORTUNITIES.ALSO, ON MAY 29, 2017 AND ON APRIL 6, 2017
RESPECTIVELY, FITCH RATINGS (MEXICO) AND HR RATINGS (MEXICO)
RATIFIED THEIR CORPORATERATINGS ON THE NATIONAL LONG-TERM SCALE OF
"AAA(MEX)" AND "HR AAA", RESPECTIVELY, WITH A STABLE OUTLOOK FOR
FIBRA DANHOS.ABOUT FIBRA DANHOS
FIBRA DANHOS IS A MEXICAN TRUST FORMED PRIMARILY TO DEVELOP, OWN,
LEASE, OPERATE, AND ACQUIRE ICONIC AND PREMIER-QUALITY COMMERCIAL
REAL ESTATE ASSETS IN MEXICO. OUR STRATEGY IS FOCUSED PRIMARILY ON
THE RETAIL AND OFFICE SEGMENTS, WE INTEND TO BE THE FIRST FIBRA IN
MEXICO FOCUSED ON THE DEVELOPMENT, RE-DEVELOPMENT, ACQUISITION AND
MANAGEMENT OF THE HIGHEST QUALITY RETAIL, OFFICE AND MIXED-USE
PROPERTIES IN MEXICO, PARTICULARLY IN THE METROPOLITAN AREA OF
MEXICO CITY. OUR OBJECTIVE IS TO PROVIDE ATTRACTIVE RISK-ADJUSTED
RETURNS TO HOLDERS OF OUR CBFIS OVER THE LONG-TERM THROUGH OUR
DEVELOPMENT CAPABILITIES, SELECTIVE ACQUISITIONS, AND STABLE CASH
DISTRIBUTIONS, AS DETERMINED BY OUR TECHNICALCOMMITTEE.
AS OF THIS DATE, OUR CURRENT PORTFOLIO IS INTEGRATED BY: (1) SIX
SHOPPING CENTERS: (I) PARQUE DELTA; (II) PARQUE DURAZNOS; (III)
PARQUE LINDAVISTA; (IV) PARQUE TEZONTLE; (V) PARQUE LAS ANTENAS;
AND (VI) PARQUE PUEBLA, THESE LAST TWO ARE CURRENTLY UNDER
DEVELOPMENT; (2) FOUR OFFICE PROPERTIES: (I) PARQUE ESMERALDA; (II)
URBITEC; (III) PARQUE VIRREYES; AND(IV) TORRE VIRREYES; AND (3)
FOUR MIXED-USEPROJECTS: (I) PARQUE ALAMEDA; (II) REFORMA 222; (III)
TOREO PARQUE CENTRAL; AND (IV) PARQUE VA VALLEJO, THIS LAST ONE, AS
WELL AS THE HOTEL COMPOUND AND OFFICE BUILDING A OF TOREO PARQUE
CENTRAL ARE CURRENTLY UNDER DEVELOPMENT.
WE ARE WELL-CAPITALIZED PUBLIC ENTITY. WE ISSUED 4,000,000,000.00
MXN (FOUR BILLION PESOS 00/100) OF PUBLIC DEBT IN THE MEXICAN
MARKET ON JULY 11TH, 2016 AND WE HAVE AN UNSECURED, REVOLVING
CREDIT FACILITY IN AN AMOUNT OF $1,500'000,000.00 (ONE THOUSAND
FIVE HUNDRED MILLION PESOS 00/100 LEGAL CURRENCY OF THE UNITED
MEXICAN STATES) WHICH HAS NOT BEEN DISBURSED TO THIS DATE, WITH A
TERM OF 4 (FOUR) YEARS.
WE INTEND TO CONTINUE TO BE TAXED AS A FIBRA PURSUANT TO THE INCOME
TAX LAW (LEY DEL IMPUESTO SOBRE LA RENTA). FOR PURPOSES OF
QUALIFYING AS A FIBRA, WE ARE OBLIGED TO DISTRIBUTE AT LEAST 95%
(NINETY FIVE PERCENT) OF OUR FISCAL OUTCOME, AND TO HAVE AT LEAST
70% (SEVENTY PERCENT) OF OUR ASSETS INVESTED IN REAL ESTATE
PROPERTIES DESTINED FOR LEASING, AMONG OTHER REQUISITES.
INVESTOR RELATIONS
MEXICO CITYELAS MIZRAHI DANIEL
TEL: +52(55) 5284 0030EMAIL: INVESTOR@FIBRADANHOS.COM.MX