Today, Macquarie México Real Estate Management, S.A. de C.V. completed the successful Primary Global Offer of Real Estate Investment Trust Stock Certificates of the Macquarie Investment and Real Estate Trust (FIBRA Macquarie), with ticker code "FIBRAMQ 12", for a total of 207´000,000 certificates. 34.8% of the Global Offer was conducted Mexico on the Mexican Stock Market ("BMV") and the 65.2% in the international markets in accordance with Rule 144A and Regulation S. The amount offered was $1,693´916,002.00 pesos, considering an over-allocation, whereas abroad, the amount was in the order of $3,170´583,998.00 pesos. The placement price per certificate was $23.50 pesos, giving an amount of the Global Offer of $4,864´500,000.00 pesos. FIBRA Macquarie's offer was distributed among 988 investors, including 2 pension fund managers. FIBRA Macquarie will use the net funds obtained from the Primary Global Offer to finance potential acquisition in the future, which include the costs and taxes related to these transactions. Based on its capacity to obtain financing, the Trust may borrow additional funds to complete potential acquisitions and would use the funds obtained from the Global Offer in order to reduce indebtedness under the existing lines of credit in order to maintain an adequate level of leverage. The Lead Brokers in Mexico were J.P. Morgan Casa de Bolsa, S.A. de C.V., J.P. Morgan Grupo Financiero; Merrill Lynch México, S.A. de C.V., Casa de Bolsa; BTG Pactual, Casa de Bolsa, S.A. de C.V. and Morgan Stanley México, Casa de Bolsa, S.A. de C.V., which also acted as Overall Coordinator. FIBRA Macquarie's objective is to obtain attractive returns for investors through the acquisition, leasing, management and the long-term ownership of a diversified portfolio of real estate assets in Mexico. FIBRA Macquarie has invested in large-scale diversified portfolio of high quality, stable and revenue-generating real estate properties in the industrial, commercial and office real estate sectors. At June 30, 2014, the Trust's portfolio consists of 259 industrial properties with a Gross Leasable Area (GLA) of 2.6 million square meters; 17 commercial and office properties with an approximate GLA of 443,297 square meters, which includes nine commercial properties with an approximate GLA of 192,004 square meters. The properties are located in 24 cities in 19 states of the Mexican Republic and have 351 industrial lessees in more than 19 sectors, including the automotive, logistics, electronic devices, food and beverage, plastics and packaging branches, as well as 718 commercial lessees. |
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FIBRA Macquarie Completes Successful Primary Global Offer Of Real Estate Investment Trust Stock Certificates - For A Second Time, FIBRA Macquarie Turned To The Securities Market To Reaffirm Its Growth Trend
Date 18/09/2014