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OPERADORA DE SERVICIOS MEGA — Capital/Financing Update 2025
Apr 1, 2025
67187_rns_2025-03-31_ddf3f6cb-504b-4b7e-a45a-bcc0e463ed31.pdf
Capital/Financing Update
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Operadora de Servicios Mega, S.A. de C.V., SOFOM, E.R. Operadora de Servicios Mega, S.A. de C.V., SOFOM, E.R. Announces Updates on 8.250% Senior Notes due 2025 (“the Existing Notes”)
Announcement
JALISCO, Mexico, March 31, 2025 - Operadora de Servicios Mega, S.A. de C.V., SOFOM, E.R, a regulated multiple purpose financial company (the “ Company ”), provides a further update in respect of its Existing Notes and Restructuring.
Capitalized terms used but not defined in this announcement have the meaning given to them in the scheme document effective as of 5 February 2025 (the “ Scheme Document ”), unless specified otherwise.
In light of the period of time required to implement the Restructuring in accordance with the Scheme Document and the Implementation Documents, the Company has obtained the requisite approvals from the relevant creditors pursuant to the Scheme Document and the Lock Up Agreement and lenders under the International Facilities to extend the Longstop Date for completion of the Restructuring from 31 March 2025 to 30 April 2025. As a result of the foregoing, the corresponding longstop date under the terms of the Company’s outstanding Cebures (as defined in the Explanatory Statement) has also been extended to 30 April 2025.
Further details may be obtained in respect of the Scheme or Restructuring from:
Information Agent
Kroll Issuer Services Limited The Shard, 32 London Bridge Street, London SE1 9SG, UK Attention: Alessandro Zorza Email: [email protected] Scheme Website: https://deals.is.kroll.com/grupomega
Or the advisors appointed in respect of the Restructuring, as below:
Advisors to the Company Advisors to the Ad Hoc Group Cleary Gottlieb Steen & Hamilton LLP Latham & Watkins LLP 2 London Wall 99 Bishopsgate London, England EC2Y 5AU London EC2M 3XF Attention: United Kingdom Polina Lyadnova, [email protected] David H. Botter, [email protected] 1271 Avenue of the Americas New York, New York 10020 -andUnited States Mijares, Angoitia, Cortés y Fuentes, S.C. Attention: Javier Barros Sierra 540, 4to Piso, Park Plaza I, Pedro Rufino, [email protected] Colonia Santa Fe, Alcaldía Álvaro Obregón, Roderick Branch, [email protected] C.P. 01210, Ciudad de México Bruce Bell, [email protected]
Mijares, Angoitia, Cortés y Fuentes, S.C. Javier Barros Sierra 540, 4to Piso, Park Plaza I, Colonia Santa Fe, Alcaldía Álvaro Obregón, C.P. 01210, Ciudad de México Attention: Ricardo Maldonado, [email protected] Everardo Espino, [email protected]
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Houlihan Lokey Capital, Inc. 10250 Constellation Boulevard, 5th Floor Los Angeles, California 90067 Attention: Jorge Villen, [email protected]
Sainz Abogados Torre del Bosque Blvd. Manuel Ávila Camacho 24 - Piso 21 Lomas de Chapultepec 11000 CDMX Attention:
Alejandro Sainz, [email protected]
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Blink Capital Solutions Carr. México-Toluca 5420, Piso 9 Of. 903 La Rosita, El Yaqui, Cuajimalpa de Morelos 05320, Attention: Javier Nájera, [email protected]
ABOUT THE COMPANY
The Company is a Mexican leasing company based in Guadalajara, Jalisco, with more than 19 years of operating experience specializing in three main business lines: leasing, lending and auto loans. In addition to the Company’s headquarters located in Guadalajara, it has five branches throughout Mexico, located in Mexico City, Puebla, Cancun, Queretaro and Leon, and one additional office located in San Diego, California. Through the Company’s leasing business line, it offers leases for a variety of machinery and equipment (including computer numerical control (CNC) machines and bending machines), transportation vehicles (including cargo and passenger vehicles) and other capital assets used in a variety of industries in Mexico. Through its lending business line, the Company provides financing to small and medium businesses for the acquisition of durable goods and equipment (such as greenhouses and macro-tunnels), as well as liquidity and financing solutions for their working capital needs. The Company’s auto loans business line, based in San Diego, California, specializes in loans for the purchase of preowned personal vehicles.
NOTICE REGARDING FORWARD-LOOKING STATEMENTS
This release may contain forward-looking statements. These statements relate to our future prospects, developments and business strategies and are identified by our use of terms and phrases such as “believe,” “could,” “would,” “will,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “strategy” and similar terms and phrases, and may include references to assumptions. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. We caution you that forward-looking statements are not guarantees of future performance and are based on numerous assumptions and that our actual results of operations, including our financial condition and liquidity and the development of the Mexican leasing and financing market, may differ materially from (and be more negative than) those made in, or suggested by, any forward-looking statements contained in this release. In addition, even if our results of operations, including our financial condition and liquidity and the development of the industry in which we operate, are consistent with the forward-looking statements contained in this release, those results or developments may not be indicative of results or developments in subsequent periods. These forward-looking statements speak only as of the date of this release and we undertake no obligation to update or revise any forward-looking statement, whether as a result of new information or future events or developments.
This announcement is for informational purposes only, and shall not constitute an offer to sell or buy or the solicitation of an offer to buy or sell any securities, nor shall there be any offer, solicitation or sale of any securities in the United States or in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act of 1933, as amended (the “Securities Act”). Any securities mentioned herein have not been and will not be registered under the Securities Act.
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