At a Glance

PGIM has maintained a consistent calling relationship with FEXI since 2021. In late 2024, the Company approached us seeking assistance with refinancing an existing HoldCo debt facility, while also reserving additional financing for future growth.

In April 2025, PGIM established a PGIM Private Shelf Facility with an initial draw of MXN$2.8 billion (~$140 million USD) at close, allowing FEXI to both fulfill their initial goal of refinancing and leave the ability to make a subsequent draw as future funding needs arise.

FEXI chose to work with us due to (i) our existing relationship and local presence in Mexico, (ii) our ability to fund in Mexican pesos at a fixed rate, and (iii) our ability to act as the sole lender for the HoldCo refinancing.

We are pleased to formalize our relationship with FEXI through this transaction, and we look forward to working together further in the future.