PROJECT

Projects

Summary of Investment Information

Project Number

40637

Company Name

ALTUM CP, S.A.P.I. DE C.V., SOFOM, E.N.R.

Date SPI Disclosed

Mar 16, 2018

Country

Mexico

Region

Latin America and the Caribbean

Projected Board Date

Apr 16, 2018

Environmental Category

FI-2 - Limited

Status

Completed

Last Updated Date

Jun 11, 2022

Department

Regional Industry - FIG LAC

Industry

Financial Markets

Previous Events

Approved : May 18, 2018
Signed : May 31, 2018
Invested : Jun 27, 2018

Sector

Other Non-Banking Financial Institution (NBFI)

Project Description

  The proposed project consists of two senior secured loans for a total of up to MXN 950 million (US$51 million) to: (i) ALTUM CP, S.A.P.I. DE C.V. SOFOM E.N.R. (“AltumCP”), an existing operating vehicle of the Altum Fund; and (ii) Lynx CP, S.A.P.I de C.V., SOFOM E.N.R. (“Lynx”), an operating vehicle of ALTUMCK 18, a publicly traded Certificado de Capital de Desarollo (“CKD”), which will be launched in 2018/2019 (together “Altum” or the “Funds”). The Funds are managed by Legorreta Gómez y Asociados, S.R.L. (“LG&A” or the “Fund Manager”).  

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation