Priego Brito & Guzmán Juárez Attorneys at Law

On February 3, 2021, the newspaper El Economista published the following: 

The Federal Electricity Commission (CFE) placed two bonds in the United States for an amount of 2 billion dollars for a term of 10 and 30 years, marking the commission's return to the debt market after a four-year absence.

The new bond, maturing in February 2031 for US$1.2 billion, grants investors an annual yield of 3.348%; while the bond maturing in February 2051, for US$800 million, offers an annual yield of 4.677% percent.

“The resources obtained will be used for the refinancing of the CFE 21 bond maturing next May 26 for 1 billion dollars, as well as for general corporate purposes in accordance with the Federal Electricity Commission Law, in particular to finance the Company's Investment Program considered in the 2021-2025 Business Plan,” CFE detailed in a document.

https://www.eleconomista.com.mx/mercados/La-CFE-coloca-papel-en-EU-por-2000-millones-de-dolares–20210203-0115.html

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