Grupo Peña Verde, an insurance and reinsurance group, completed its first issuance of long-term notes on the BMV for MXN 1,000 million. The tenor, rate and placement agents were not reported in the sources consulted.
Key terms
- Issuer: Grupo Peña Verde
- Exchange: BMV
- Date: July 9, 2026
- Amount: MXN 1,000 million
- Instrument: Long-term notes (first issuance)
- Ratings: AAA(mex) Fitch; HR AAA
- Use of proceeds: Capitalization of its reinsurance business in the United States
Our take
First-time issuers with a AAA rating and a clear use of proceeds continue to find room in the local market. A debut issue also creates a public reference price that makes future transactions easier.
Sources: En Concreto.
Congratulations to Grupo Peña Verde and to everyone who made this placement possible.
Information from public sources. The mention does not imply Borax Capital’s participation in the transaction.
This content is for informational purposes only and does not constitute investment advice or an offer of securities.
