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Northern Business Promoter issues stock certificates

July 4, 2023 /

Promotora Empresarial del Norte, SA de CV (“Prensa”) obtained from the National Banking and Securities Commission the authorization letter to register in the National Securities Registry a dual program of short and long-term stock certificates for a maximum amount of $1,000,000,000.00 (One billion Pesos 00/100 National Currency), with a revolving nature (the “Program”).

Under the Program, Prensa carried out the first issue of long-term stock certificates for the amount of $392,082,700.00 MN (Three hundred ninety-two million eighty-two thousand seven hundred Pesos 00/100, National Currency). Actinver Casa de Bolsa, SA de CV, Grupo Financiero Actinver acted as the intermediary for the transaction.

Santamarina + Steta, with the support of the team led by Diego Ostos, José Antonio López y Sebastian Samayoa, acted as legal advisor to the station in this process.

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