Grupo Gicsa, S.A. de C.V. Raises USD 100 million in Private Placement of 4.8% Senior Notes A-1
February 26, 2020
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Grupo Gicsa SA de CV, has raised USD 100 million in private placement of 4.8% senior notes A-1. The notes will mature in 15 years. Deal Type is Private Placement. Deal Status: Completed on 2020-02-24.
Grupo Gicsa SAB de CV is a Mexico-based company engaged in the real estate development. The Company specializes in the land acquisition and real estate construction, development, management, sell and rental. Its business activities are divided into six segments: Shopping malls, including construction of shopping centers and retail stores; Business offices, providing office buildings; Industrial properties, involved in the development of industrial space; Residential, executing housing projects; Mixed developments, comprising projects that develop different purpose buildings; and Services, which encompasses hospitality services. The Company develops projects in a range of Mexican cities, such as Mexico City, Merida, Cancun, Queretaro, Monterrey and Tultitlan. Furthermore, It operates through a number of subsidiaries.