PROJECT

Projects

Summary of Investment Information

Project Number

49754

Company Name

Fideicomiso Irrevocable de Administracion y Fuente de Pago F6114

Date SPI Disclosed

Mar 28, 2025

Country

Mexico

Region

Latin America and the Caribbean

Projected Board Date

May 1, 2025

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Jun 26, 2025

Department

Regional Industry FIG LAC & EUR

Industry

Financial Markets

Previous Events

Approved : May 28, 2025
Signed : Jun 6, 2025
Invested : Jun 20, 2025

Sector

Other Non-Banking Financial Institution (NBFI)

Project Description

 The proposed investment consists of a 5-year senior loan of up to MXN3,700 million (~US$185 million equivalent) to a special purpose vehicle (the Trust) following an asset-backed lending structure, collateralized by eligible leases originated by Financiera Bepensa, S.A. de C.V., SOFOM, E.R. (FinBe) through its subsidiary  Bepensa Leasing, S.A. de C.V. (Bepensa Leasing) and AB&C Leasing de México, S.A.P.I. de C.V. (AB&C) (together, the Companies). IFC will provide up to MXN600 million (~US$30 million equivalent) on an own account basis to the Trust, and through an anchor investor role will mobilize the remaining MXN3,100 million (~US$155 million equivalent) from other institutional investors (the Project). The collection rights of such leases are expected to be the only repayment source of the Project. It is expected that at least 50% of IFC’s investment will support the Companies’ climate portfolio growth.                                                  

Associated Advisory Engagement

            

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation