2014

Aeromexico Announces Securitization in the Mexican Market

MEXICO CITY, Dec. 4, 2013 /PRNewswire/ -- Grupo Aeromexico S.A.B. de C.V. ("Aeromexico") (BMV: AEROMEX), the largest airline in Mexico, today announced that is has successfully priced 1.5 billion in peso-denominated senior trust bonds (CEBURES) in the Mexican stock exchange. This initial transaction was rated "AA+" (E) by HR Ratings and is made under a 5 billion pesos CEBURES program, backed by cash flows from credit card flows derived from ticket sales through offices and travel agencies in Mexico.

The CEBURES (Ticker Symbol: AERMXCB 13) has a five year term to maturity with an interest rate equivalent to TIIE + 200 basis points.

Proceeds from this issuance will be used to strengthen the Company's liquidity position and to replace debt with less favorable terms.

Actinver Casa de Bolsa, BBVA Bancomer and Accival are acting as joint book-runners.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Notes, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The Notes have not been, and will not be, registered under the Securities Act of 1933, as amended (the "Securities Act"), or under any U.S. state securities laws. The Notes may not be offered or sold within the United States or to U.S. persons absent registration or an applicable exemption from registration under the Securities Act. This press release is neither an offer to sell or a solicitation to buy. This announcement shall not constitute an offer to sell or the solicitation of an offer to buy the Notes, nor shall there be any sale of these securities in any U.S. state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer and that will contain detailed information about the company and management, as well as financial statements.

About Grupo Aeromexico

Grupo Aeromexico, S.A.B. de C.V. is a holding company whose subsidiaries are engaged in commercial aviation in Mexico and the promotion of passenger loyalty programs. The Group operates more than 600 daily flights from its main hub in Terminal 2 at the Mexico City International Airport. Its destinations network features more than 80 cities on three continents, including 47 destinations in Mexico, 17 in the United States, 12 in Latin America, three in Europe, two in Asia and one in Canada.

The Group's fleet of 115 aircraft is comprised of Boeing 787, 777, 767 and 737 jet airliners and next generation Embraer 145, 170, 175 and 190 models. In 2012, the airline announced the most significant investment strategy in aviation history in Mexico, to purchase 100 Boeing aircraft including 90 MAX B737 jet airliners and 10 B787-9 Dreamliners.

As a founding member of the SkyTeam airline alliance, Aeromexico offers customers 1,000 destinations in 178 countries served by the 19 SkyTeam airline partners rewarding passengers with benefits including access to 530 premium airport lounges around the world. Aeromexico also offers travel on its codeshare partner flights with Alaska Airlines, Avianca, LAN, TACA and TAM with extensive connectivity in countries like the United States, Brazil, Canada, Chile, Colombia and Peru. www.aeromexico.com  www.skyteam.com  

SOURCE Grupo Aeromexico S.A.B. de C.V.



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