Grupo Financiero Interacciones Provides Investor Update

MEXICO CITY, Oct. 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 government and infrastructure lending, risk management and financial advisory services to the domestic public sector, today announced that it has launched a new IR website and that it is providing a recap of its recently completed offering.

New IR Website

GFI's redesigned website, which is available in both Spanish and English, offers quick and easy access to company information and an improved investor relations section, which can be accessed directly at www.investorsinteracciones.com.  Here investors can learn more about GFI's corporate governance, financial performance, regulatory filings, upcoming events, news announcements, share data, business model, and strategy, among other areas of interest. 

Adolfo Fritz, Grupo Financiero Interacciones' Investor Relations Officer, explained: "Following our recent successful public offering, which has increased our visibility among members of the global financial community, we understand the importance of communicating transparently and promoting an open dialogue with investors.  Our newly launched IR website serves as a source of relevant information for investors wanting to learn more about our highly focused business model, which is specialized in government and infrastructure lending in Mexico and which has delivered a track record of low-risk, high-quality profitable growth."

Recap of Recently Completed Public Offering

On October 16, 2013, GFI completed the public offering of 60 million shares of common stock priced at Ps.61.00 per share.   Gross proceeds from the offering totaled Ps.3,660 million, 50% of which were primary. Net primary proceeds, after deducting for underwriting discounts, commissions and estimated offering expenses, will be used to increase loan volume growth and replace higher cost funding, as well as for general corporate purposes.

In addition, Grupo Financiero Interacciones has granted the underwriters a 30-day option to purchase up to an additional 9 million shares of common stock to cover over-allotments, if any, at a price of Ps.61.00 per share.  GFI will receive additional gross proceeds of Ps.549 million if the option is exercised in full.

Credit Suisse Securities (USA) LLC ("Credit Suisse") and Barclays Capital, Inc. ("Barclays") served as the global coordinators and joint international book-runners for the offering.  Casa de Bolsa Banorte Ixe, S.A. de C.V., GBM Casa de Bolsa, S.A. de C.V., Credit Suisse and Barclays served as the joint local 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 these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Grupo Financiero Interacciones

Grupo Financiero Interacciones, S.A. de C.V. ("Grupo Financiero Interacciones" or "GFI") is the largest specialized financial group in Mexico focused on providing government and infrastructure lending, risk management and financial advisory services to the domestic public sector. GFI ranks third in government lending in Mexico and serves a customer base that includes the Federal Government, States, Municipalities, and government suppliers.  Banco Interacciones, which represents 70% of total Group assets as of June 30, 2013, is complemented by GFI's brokerage subsidiary, Casa de Bolsa Interacciones, and insurance unit, Aseguradora Interacciones.  GFI's focused low-risk business model, in which approximately 90% of the Company's loan portfolio is secured by Federal Government contributions or guarantees, has produced highly consistent loan growth and profitability.  As of June 30, 2013, GFI had total assets of Ps.152 billion and more than 1,000 employees. The Company is listed on the Bolsa Mexicana de Valores, where it trades under the symbol GFINTERO.  For more information, please visit www.investorsinteracciones.com.

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