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Stock impact report

Volaris successfully issues asset backed trust notes for Ps.$1.5 billion

Controladora Vuela Compania de Aviacion, S.A.B. de C.V. American Depositary Shares, each representing ten (10) Ordinary Participation Certificates (VLRS) 
Last controladora vuela compania de aviacion, s.a.b. de c.v. american depositary shares, each representing ten (10) ordinary participation certificates earnings: 4/23 07:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.volaris.com/english/home/default.aspx
Company Research Source: PR Newswire
MEXICO CITY, June 20, 2019 /PRNewswire/ -- Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States and Central America, informs that today we successfully completed the issuance of  15,000,000 (fifteen million) asset backed trust notes (certificados bursátiles fiduciarios) (the "Trust Notes"), to be issued under the ticker VOLARCB 19 for an amount of Ps$1,500,000,000.00 (one billion five hundred million Mexican Pesos) by CIBanco, S.A., Institución de Banca Múltiple, acting as Trustee under the Irrevocable Trust number CIB/3249 created by Concesionaria Vuela Compañía de Aviación, S.A.P.I. de C.V. ("Concesionaria Vuela"), in the first issuance under a program approved by the Mexican National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores) for an amount of up to Ps$3,000,000,000.00 (three billion Mexican Pesos). The Trust Notes will be backed by future receivables under the agreements entered into with the credit card Show less Read more
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