Fibra Uno (Funo) raised 7,100 million pesos with the issuance of bonds in the Mexican Stock Exchange (BMV) to amortize the debt acquired in December 2013.

According to a presentation to investors, Funo was looking to raise 10 billion pesos. This is the first issue it makes as part of its recurring debt issuer program, authorized for up to 55,000 million pesos.

The total debt of the trust amounted to 63,091 million pesos in the third quarter of this year. Of the total amount, 51% is in pesos and the remaining percentage in dollars; while 74% was hired at a fixed rate and 26% at a variable rate. After the offer of securities on Friday, it has available 47,900 million for future issues.