Asset-backed trust notes

CEBUR-VOLARCB19
Description 15,000,000 asset-backed trust notes for an amount of Ps$1,500M
Issuer Fideicomiso Irrevocable de Administración CIB/3249
Issue Date June 20, 2019
Principal Ps$1,500M
Coupon TIIE + 175 bps
Interest Payments Monthly
Amortization of Principal grace period 24 months; Ps$41.7M monthly payment
Maturity Date June 20, 2024
Ratings HR: AA stable outlook; VERUM: AA+ negative outlook
CEBUR-VOLARCB21L
Description 15,000,000 asset-backed trust notes for an amount of Ps$1,500M
Issuer Fideicomiso Irrevocable de Administración CIB/3249
Issue Date October 13, 2021
Principal Ps$1,500M
Coupon TIIE + 200 bps | the asset backed trust notes will pay additional 25 bps, if sustainability goals are not met, with the possibility of mitigating the additional rate in the following years targets are met
Interest Payments Monthly
Amortization of Principal grace period 24 months; Ps$41.7M monthly payment
Maturity Date October 20, 2026
Ratings HR: AA stable outlook;  VERUM: AA+ negative outlook