MEXICO CITY, June 28, 2017 /PRNewswire/ -- 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, announces the successful issuance of the first
Sustainable Bond in Latin America
for a total amount of $2.0 billion
Mexican pesos, which book was oversubscribed 3.76 times.
The issuance was made in two tranches, the first with ticker
AGUA 17X in the amount of $0.6
billion at floating rate of TIIE 28d +68 basis points with
interest payment each 28 days and a 3-year maturity; the second
with ticker AGUA 17-2X in the amount of $1.4
billion, at fixed rate of MBONO27 +189 basis points
equivalent to an annual rate of 8.65% with interest payment each
182 days and 10-year maturity. Both tranches will have bullet
principal payments.
The use of proceeds of this sustainable issuance will finance
and refinance sustainable initiatives, that improve access to water
and sanitation. The Issuance' framework is in alignment with the
Green Bond Principles and the Social Bond Guidance, which was
evaluated by Sustainalytics, an independent third party.
This placement was made under a Senior Notes (Certificados
Bursátiles) program for a total amount of up to $3.0 billion Mexican pesos and was assigned
credit ratings of AA(mex) and mxAA- by Fitch and Standard &
Poor's, respectively.
This Sustainability Bond strengthens the long-term financial
structure and aligns with the Company's sustainability strategy
comprised of a transparent corporate governance and water solutions
with a positive impact in both, environmental and social
scopes.
IR Contact:
52015000 ext. 50163
agua@rotoplas.com
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 on current 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 Company
Grupo Rotoplas S.A.B. de C.V. is
one of the leading providers of individual and integrated water
solutions for storing, carrying, and treating water in the
Americas. With almost 40 years' experience in the industry and 21
plants throughout the Americas, Rotoplas has a presence in 14
countries and a portfolio that includes 18 product lines. Grupo
Rotoplas has been listed on the Mexican Stock Exchange (BMV) under
the ticker "AGUA" since December
2014.
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SOURCE Grupo Rotoplas S.A.B. de C.V.