September 26, 2016 1:09 AM ET

Consumer Finance

Company Overview of Unifin Financiera, S.A.B. de C.V., S.O.F.O.M. E.N.R.

Company Overview

Unifin Financiera, S.A.B. de C.V., S.O.F.O.M. E.N.R provides operating lease services on automobiles, fleets, machineries, and equipment. It is involved in granting credits; realizable financial brokerage operations; acting as an administrator of guarantee trusts; obtaining trusts; and guaranteeing liabilities through guarantees, issuances, subscriptions, acceptances, endorsements, write-offs, discounts, and pledge of credit securities. The company also provides insurance for cars, trucks, technical branches, personal, money, theft, crystals, and fire; life and medical expenses insurance; insurance for securities; and mass risks, aviation, and watercraft insurance products and services. In a...

Presidente Masaryk No. 111-5

Col. Polanco V Sección

Del. Miguel Hidalgo

Mexico City, DF 11560

Mexico

Founded in 1993

Phone:

52 55 5980 1513

Key Executives for Unifin Financiera, S.A.B. de C.V., S.O.F.O.M. E.N.R.

Unifin Financiera, S.A.B. de C.V., S.O.F.O.M. E.N.R. does not have any Key Executives recorded.

Unifin Financiera, S.A.B. de C.V., S.O.F.O.M. E.N.R. Key Developments

UNIFIN FINANCIERA, S.A.B. DE C.V. Announces Tender Offer and Consent Solicitation for its 6.250% Senior Notes Due 2019

UNIFIN FINANCIERA, S.A.B. DE C.V., announced that the early tender period in respect of the previously announced cash tender offer and consent solicitation, for any and all of its outstanding 6.250% Senior Notes due 2019 (the Notes) expired on September 21, 2016 at 5:00 P.M., New York City time (the early tender deadline). The company further announced that as of the early tender deadline, the company had received tenders and consents (not validly withdrawn) from the holders of USD 311,672,000, or 85.02% of the total outstanding principal amount of the Notes. The consents received exceeded the amount needed to approve the proposed amendments to the indenture under which the Notes were issued. The company has elected to exercise its early purchase option described in the Offer to Purchase and Consent Solicitation Statement, dated September 8, 2016 (the Offer to Purchase), relating to the Tender Offer. Holders of Notes who validly tendered and did not validly withdraw their Notes at or prior to the Early Tender Deadline will receive on the Early Payment Date (which is expected to be September 27, 2016 but is subject to change without notice), an amount equal to USD 1,050.00 for every USD 1,000 principal amount of the Notes validly tendered at or before the Early Tender Deadline and accepted in the Tender Offer, which consists of an amount equal to USD 1,020.00 (the Tender Offer Consideration) plus an amount equal to USD 30 for each USD 1,000 principal amount of Notes, plus accrued and unpaid interest from the last interest payment date for the Notes to, but not including, the Early Payment Date. Holders of Notes who validly tender their Notes after the Early Tender Deadline but before the expiration of the Tender Offer will receive only the Tender Offer Consideration of USD 1,020.00 per USD 1,000 principal amount of Notes validly tendered, plus accrued and unpaid interest from the last interest payment date for the Notes to, but not including, the purchase date there for.

UNIFIN Financiera, S.A.B. de C.V., SOFOM, ENR Initiates an Offer to Purchase of any and all of its Outstanding 6.250% Senior Notes Due 2019

UNIFIN Financiera, S.A.B. de C.V., SOFOM, ENR reported that on September 8, it has initiated an offer to purchase of any and all of its outstanding 6.250% Senior Notes due 2019 and a solicitation of consents of the holders of the Notes to certain amendments to the indenture relating to the Notes, upon the terms and subject to the conditions set forth in the offer to purchase and consent solicitation statement dated as of the date thereof. In a release, the company noted that the Tender Offer will expire at midnight, New York City Time, on October 5, (Expiration Time). The early tender deadline for the offer will be 5 P.M., New York City time, on September 21, (Early Tender Deadline). Holders of the Notes who validly tender Notes in the Early Tender Deadline, and whose tender and delivery of Consents are accepted by the company, will receive, in addition to accrued and unpaid interest, for each $1,000 principal amount of Notes tendered, an amount equal to $1,020.00, plus an amount of $30.00. The dealer managers and solicitation agents of the Tender Offer and Consent Solicitation are Credit Suisse Securities (USA), Citigroup Global Markets Inc. and UBS Securities.

Unifin Financiera, S.A.B. De C.V. Sofom, E.N.R Announces Earnings Results for the Second Quarter of 2016

UNIFIN Financiera, S.A.B. de C.V. SOFOM, E.N.R announced earnings results for the second quarter of 2016. For the quarter, the company reported revenues of MXN 2,288.9 million, a 55.4% growth. Operating income of MXN 366.0 million, an increase of 55.1%. Net profit increased 77.6% during the quarter, reaching MXN 302.4 million.

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