Dalton Financiera places MXN 500 million in trust-issued certificados bursátiles with BBVA México as bookrunner

The issuance was rated ‘HR AAA (E)’ by HR Ratings and ‘AAA.mx (sf)’ by Moody’s, and was placed under ticker DAFCB 26 at TIIE Fondeo + 190 basis points, with a five-year tenor. The transaction was 2.2x oversubscribed relative to the MXN 500 million offered.

This transaction will allow Dalton Financiera (DAF) to obtain funding to refinance its outstanding trust-issued “certificados bursátiles” (CEBURES), ticker DAFCB 24, also for MXN 500 million. In doing so, the company aims to strengthen the execution of its business plan in the coming years.

This is DAF's sixth successful issuance in the public market, making it a recurring issuer, and the placement reflects the market's confidence and support for the financial institution.

Dalton Financiera is part of Grupo Dalton, a Mexican conglomerate with more than 75 years of experience, operating across the automotive, real estate, financial and services sectors, where it maintains a strong market presence through its strategy, diversification and commitment to society.

Through this transaction, BBVA México reaffirms its strategic role as a trusted partner to companies in the country. By acting as bookrunner, the institution not only facilitates access to the capital markets but also reinforces its commitment to delivering comprehensive solutions that support clients’ growth and financial strength, while continuing to accompany them in the execution of their strategic plans.