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FIBRA Shop, a real estate investment trust specializing in shopping centers, announced that it has fully repaid a bond of 1.4 billion pesos. The bond, with the code FSHOP17, was issued in 2017.
The company used funds from a credit line of 1.8 billion pesos, obtained in May 2022 with a five-year term. The financing was provided by BBVA Mexico, Bancomext, Banco Monex, and Bancoppel.
This repayment demonstrates FIBRA Shop's commitment to financial stability and its ability to access credit. By successfully paying off the bond, the company ensures its continued growth and development in the shopping center sector.
Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.
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