{"id":369759,"date":"2026-04-01T17:39:11","date_gmt":"2026-04-01T17:39:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/369759\/"},"modified":"2026-04-01T17:39:11","modified_gmt":"2026-04-01T17:39:11","slug":"bbva-mexico-supports-fira-fefa-in-the-issuance-of-trust-issued-certificados-bursatiles-in-the-local-market-for-a-total-amount-of-mxn-7017-million","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/369759\/","title":{"rendered":"BBVA Mexico supports FIRA (FEFA) in the issuance of trust-issued certificados burs\u00e1tiles in the local market for a total amount of MXN 7,017 million"},"content":{"rendered":"

The transaction recorded strong demand from institutional investors, reaching an oversubscription of 1.75x the initial target amount. The issuance was rated \u201cHR AAA\u201d by HR Ratings and \u201cmxAAA\u201d by S&P Global Ratings. This outcome reflects market confidence in FIRA\u2019s management and its ability to generate value in the rural sector.<\/p>\n

According to \u00c1lvaro Vaqueiro Ussel, Head of Corporate & Investment Banking<\/a> at BBVA Mexico, \u201cthe institution is proud to support FIRA\u2019s work, which once again demonstrates through this transaction its leadership in supporting the Mexican agricultural sector.\u201d<\/p>\n

“FIRA not only addresses immediate credit needs, but also leads a structural transformation towards a more resilient, productive and sustainable agricultural sector, consolidating long-term food security.”<\/p>\n

The issuance was carried out under an interchangeable tranches structure (vasos comunicantes) and was divided into three tranches:<\/p>\n

FEFA 26: 1.5-year issuance (532 days) for MXN 2,706 million at a floating rate, priced at TIIE de Fondeo + 31 bps.
\nFEFA 26-2: 3-year issuance (1,092 days) for MXN 1,371 million at a floating rate, priced at TIIE de Fondeo + 35 bps.
\nFEFA 26V (Green Bond): 5-year tranche (1,820 days) for MXN 2,940 million at a floating rate, priced at TIIE de Fondeo + 42 bps.<\/p>\n

A key highlight of this issuance is the FEFA 26V tranche, labeled as a Green Resilience Bond. Proceeds from this instrument, in line with FIRA\u2019s Sustainable Bond Framework<\/a>, will be strategically allocated to finance projects that strengthen rural producers\u2019 capacity to adapt to climate change-related risks. In addition, the transaction received a favorable and independent Second Party Opinion (SPO) from Sustainalytics.<\/p>\n

For BBVA Mexico, participation in this transaction underscores its commitment to development banking and to structuring financial solutions that connect institutional savings with the real and sustainable progress of the agricultural sector, as well as to mobilizing financial resources toward a resilient long-term Mexican economy.<\/p>\n","protected":false},"excerpt":{"rendered":"The transaction recorded strong demand from institutional investors, reaching an oversubscription of 1.75x the initial target amount. The…\n","protected":false},"author":2,"featured_media":369760,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[114,85,46],"class_list":{"0":"post-369759","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-il","10":"tag-israel"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/369759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=369759"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/369759\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/369760"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=369759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=369759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=369759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}