MEXICO CITY, Oct. 13, 2021 /PRNewswire/ -- Volaris* (NYSE:
VLRS and BMV: VOLAR), the ultra-low-cost airline in Mexico, the United
States, Central America and
South America, informs that today
it successfully completed the offering of 15,000,000 (fifteen
million) asset backed trust notes (certificados bursátiles
fiduciarios) (the "Trust Notes ") in Mexico under the ticker VOLARCB 21L for an
amount of $1,500,000,000. 00 (one
billion five hundred million pesos) by CIBanco, S.A., Institución
de Banca Múltiple, acting as Trustee of the Irrevocable Trust
number CIB/3249 created by Concesionaria Vuela Compañía de
Aviación, S.A.P.I. de C.V., in the second offering under the
program authorized by the Mexican National Banking and Securities
Commission for an amount of up to $3,000,000,000.00 (three
billion pesos 00/100 national currency).
The Trust Notes will be backed by future collection rights under
agreements entered into with credit card processors regarding flows
derived from the sale of airline tickets through VISA and
Mastercard credit cards, through their internet portal, travel
agencies, call centers and sales offices.
The Trust Notes were rated "HR AA (E)" and "AA+/M(e)" by the
rating agencies HR Ratings de México, S.A. de C.V. and Verum
Calificadora de Valores, S.A.P.I. de C.V., respectively, and will
have a maturity term of five years and will pay an interest rate of
TIIE + two hundred (200) percentage points. The underwriters were
Casa de Bolsa BBVA México, S.A. de C.V., Grupo Financiero BBVA
México and HSBC Casa de Bolsa, S.A. de C.V., Grupo Financiero
HSBC.
This communication does not constitute an offer to sell or an
offer to purchase, nor shall there be or give rise to the
possibility of any sale of the Trust Notes in any jurisdiction in
which such offer, solicitation or sale would be unlawful prior to
registration under the laws governing financial instruments in such
jurisdiction.
The information included does not provide information about
the company's future performance. Volaris' future performance
depends on a number of factors, and it cannot be inferred that the
performance of any period or its comparison with the same period of
the previous year is indicative of similar performance in the
future.
About Volaris:
*Controladora Vuela Compañía de Aviación, S.A.B. de C.V.
("Volaris" or the "Company") is an ultra-low-cost, point-to-point
airline operating in Mexico,
the United States, Central America and South America. Volaris offers low base fares
to stimulate the market, offering quality customer service and a
wide choice of products. Since it began its operations in
March 2006, Volaris has increased its
routes from five to 179 and its fleet from four to 95 aircraft.
Volaris offers more than 450 daily flight segments on routes
connecting 43 cities in Mexico and
28 cities in the United States,
with one of the most modern aircraft fleets in the American
continent. Volaris focuses on passengers visiting friends and
family (VFR), cost-conscious business travelers and leisure
travelers in Mexico and selected
destinations in the United States
and Central America. Volaris has
received the Socially Responsible Company (ESR) award for eleven
consecutive years. For more information visit: www.volaris.com
Investor Relations Contact:
Maria Elena Rodríguez / Félix Martínez / Investor Relations /
ir@volaris.com / +52 55 5261 6444
Media Contact:
Gabriela Fernández / gabriela.fernandez@volaris.com / +52 55
3104 5264
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SOURCE Volaris