Grupo Financiero Interacciones Announces Exercise of Over-Allotment Options

MEXICO CITY, Nov. 21, 2013 /PRNewswire/ -- Grupo Financiero Interacciones, S.A. de C.V. (BMV: GFINTERO) ("Grupo Financiero Interacciones" or "GFI"), the largest specialized financial group in Mexico providing financing, risk management and financial advisory services mainly to the Mexican public sector, today announced that the initial purchasers and Mexican underwriters in the previously disclosed global offering of 60,000,000 series "O" shares of common stock have exercised their options to purchase additional shares in the amount of 3,616,988 shares of common stock from GFI at the initial offering price of Ps.61.00 per share, less underwriting discounts and commissions. With the exercise of the options, the aggregate amount of shares of common stock sold by Grupo Financiero Interacciones in the global offering totaled 33,616,988 shares, or approximately 12.5% of its outstanding capital stock. The remaining 30,000,000 shares of common stock, or 11.1% of GFI's outstanding capital stock, were offered and sold in the global offering by certain shareholders of Grupo Financiero Interacciones.

The gross proceeds received by Grupo Financiero Interacciones in the global offering, including the additional option shares, were Ps.2,051 million (U.S.$158.1 million at an exchange rate of Ps.12.97 per U.S. dollar as of October 16, 2013).  GFI expects to use the net proceeds of the global offering for general corporate purposes, including, among others, increasing loan volume growth and improving its capitalization and sources of funding.

The settlement of the additional option shares occurred today.

The securities described above have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or any state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws. The securities were offered only to "qualified institutional buyers" pursuant to Rule 144A and outside the United States pursuant to Regulation S, both as promulgated under the Securities Act. Neither GFI nor any security holder intends to register any part of the offering in the United States or to conduct a public offering of securities in the United States.

About Grupo Financiero Interacciones

Grupo Financiero Interacciones, S.A. de C.V. is the largest specialized Mexican financial group with a business model focused on providing financing, risk management and financial advisory services mainly to the Mexican public sector, which includes federal, state and municipal governments, quasi-government entities and government suppliers. Grupo Financiero Interacciones conducts its business mainly through Banco Interacciones, its banking subsidiary, and through Interacciones Casa de Bolsa, its broker-dealer subsidiary, and Aseguradora Interacciones, its insurance company subsidiary. Grupo Financiero Interacciones is listed on the Bolsa Mexicana de Valores under the symbol "GFINTERO".  For more information, please visit www.investorsinteracciones.com.

This press release contains forward-looking statements and information that are necessarily subject to risks, uncertainties, and assumptions. No assurance can be given that the transactions described herein will be consummated or as to the ultimate terms of any such transactions. Grupo Financiero Interacciones assumes no obligation to update or correct the information contained in this press release.

SOURCE Grupo Financiero Interacciones, S.A. de C.V.