AEROMEXICO MAKES ITS INITIAL PUBLIC OFFERING THROUGH THE MEXICAN STOCK EXCHANGE

Mexico City, April 18, 2011- Grupo Aeromexico (BMV: AEROMEX) announced to the investors’ community, that the company’s initial public offer (IPO) through the Mexican Stock Exchange has been extremely successful. It was 100% primary offer. As previously announced, Aeromexico plans to use proceeds from the IPO to continue with the consolidation of its investment plan.

 

Today, at the opening of the market, the company registered a total of 125,513,903 shares in the Mexican Stock Exchange. Trading began under the ticker “AEROMEX” and the settlement date was set on April 19th.

 

The IPO price was thirty-one pesos per share (US$2.58 dollars), for a total of 125,513,903 shares, including 16,371,738 shares from the greenshoe option referred to in the prospectus. The total value of offer, including the greenshoe option, was US$ 324,244,249.-.

 

The offer was oversubscribed in a 2 to 1 ratio, which resulted in a balanced allocation between local and international institutional as well as individual investors; who were promoted directly by lead underwriters and a large number of Mexican brokers who took part as members of the underwriting syndicate, achieving a broad distribution of the placement. The overall transaction counted with the participation of over three thousand investors.

 

The leading financial groups who jointly participated in this IPO were: Acciones y Valores Banamex, SA de CV, Casa de Bolsa, a member of Grupo Financiero Banamex; Actinver Casa de Bolsa, SA de CV Actinver Financial Group and Deutsche Securities, SA de CV, Casa de Bolsa.
As a result of today’s actions, Aeromexico and its shareholders reaffirmed their commitment to Mexico; to remain the country’s largest airline and the engine of growth in domestic aviation to the rest of the world.

 

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About Grupo Aeromexico

Grupo Aeromexico, S.A.B. de C.V., is a holding company whose subsidiaries are dedicated to the commercial aviation in Mexico and the promotion of loyalty programs for passengers. It holds a modern fleet of Boeing 777, 767 and 737 aircraft, as well as Embraer 145 and 190 next generation.

 

Grupo Aeromexico operates its main hub out of Terminal 2 in the Mexico City International Airport. The Group’s airlines operate over 450 daily flights to different cities in Mexico, the United States, Canada, Central and South America, as well as Europe and Asia. Aeromexico is a founding member of SkyTeam, the global airline alliance comprised of 13 airlines.

 

 

 

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