Grupo Traxion announced the issuance of 2 billion pesos worth of unsecured debt securities in the Mexican Stock Exchange (BMV). The issuance was conducted in two phases, with the first phase (Traxion 26) totaling 1 billion pesos over a period of six years, pegged to the TIIE funding rate plus 195 basis points. The second phase (Traxion 26-2) also raised 1 billion pesos but has a slightly longer maturity of seven years with a rate of TIIE plus 200 basis points.

The unsecured debt securities can be short or long-term and are issued in series. They are backed by the overall solvency of the issuing entity. Grupo Traxion's issuance is part of a broader program authorized by the National Banking and Securities Commission (CNBV) to issue up to 10 billion pesos. The securities have been rated A+ (mex) by Fitch, indicating a strong credit profile, which is likely to attract institutional investment.

This move highlights Grupo Traxion's strategy to strengthen its financial position and support its logistics operations in Mexico. By tapping into the local capital markets, Traxion is positioning itself for future growth and potentially enhancing its competitiveness in the logistics sector, which is pivotal for trade and economic activities in the country.