MEXICO CITY--(BUSINESS WIRE)--UNIFIN Financiera, S.A.B. de C.V., SOFOM, E.N.R. (BMV: UNIFIN) (“UNIFIN” or the “Company”), announces that the credit ratings agency HR Ratings has assigned UNIFIN the Long-Term HR BBB- (G) rating, meaning investment grade, to its US$450,000,000.00 (four hundred and fifty million 00/100 U.S. dollars) notes, with an annual interest rate of 7.00%, due January 15, 2025 (the “2025 Notes”).
In accordance with HR Ratings’ press release, the aforementioned rating means that the notes offering grants security. Such rating “(…) is based on the adequate financial position demonstrated by the Company (…) as reflected in its main solvency and profitability indicators. Furthermore, notwithstanding its constant portfolio growth, the quality of its assets has maintained strength levels.” The foregoing is indicative of the Company’s solid financial position.
To obtain the press release issued by HR Ratings, please visit www.hrratings.com.
This document may contain certain forward-looking statements. These statements are non-historical facts, and they are based on the current vision of the Management of Unifin Financiera, S.A.B. de C.V., SOFOM, ENR for future economic circumstances, the conditions of the industry, the performance of the Company and its financial results. The terms "anticipated", "believe", "estimate", "expect", "plan" and other similar terms related to the Company, are solely intended to identify estimates or predictions. The statements relating to the declaration or the payment of dividends, the implementation of the main operational and financial strategies and plans of investment of equity, the direction of future operations and the factors or trends that affect the financial condition, the liquidity or the operating results of the Company are examples of such statements. Such statements reflect the current expectations of the management and are subject to various risks and uncertainties. There is no guarantee that the expected events, trends or results will occur. The statements are based on several suppositions and factors, including economic general conditions and market conditions, industry conditions and various factors of operation. Any change in such suppositions or factors may cause the actual results to differ from expectations.