Fibra Mty secures bilateral credit with BBVA for $250 million USD

Fibra Mty has secured a $250 million USD unsecured bilateral credit facility with BBVA México, with a five-year term and a variable interest rate tied to the 1M SOFR, with an additional margin ranging from 175 to 195 basis points, depending on its Debt-to-Assets ratio. This agreement marks a significant milestone as it becomes the largest bilateral credit facility in Fibra Mty's history, while also representing the lowest spread term loan in its portfolio.

The contract includes an option to increase the credit line by up to $30 million USD, providing the company with additional flexibility for future developments. The funds will be primarily used for debt refinancing, investment in new properties, and other corporate purposes.

Fibra Mty has established itself as a leader in the Mexican REIT market, recognized for its sustainable growth strategy and focus on delivering stable returns to its investors. Since its inception in 2014, the company has multiplied its initial asset portfolio more than tenfold, with a strong commitment to robust corporate governance practices and a balanced capital structure. Its properties, located across Mexico’s key markets, are predominantly backed by long-term, dollar-denominated leases, which offer greater financial stability in the face of market volatility.

This credit facility strengthens Fibra Mty’s ability to optimize its capital structure and continue expanding its portfolio of high-quality real estate assets in both the office and industrial sectors. It also consolidates the relationship with BBVA, reaffirming our commitment to supporting the growth and development of key companies in Mexico.