Unifin Financiera, S.A.B. de C.V., Sociedad Financiera de Objeto Múltiple, Entidad No Regulada Announces Final Results of Tender Offer for Any and All of its Outstanding 6.250% Senior Notes Due 2019

MEXICO CITY, Oct. 6, 2016 /PRNewswire/ -- UNIFIN FINANCIERA, S.A.B. DE C.V., Sociedad Financiera de Objeto Múltiple, Entidad No Regulada (the "Company") announced today the final results of the previously announced cash tender offer and consent solicitation (the "Tender Offer"), for any and all of its outstanding 6.250% Senior Notes due 2019 (CUSIP/ISIN No. 90470V AA1 / P94880 AA2 and US90470VAA17 / USP94880AA25) (the "Notes"). The Tender Offer expired on October 5, 2016 at 12:00 midnight, New York City time (the "Expiration Time"). The Company further announced that as of the Expiration Time, the Company had received tenders and consents (not validly withdrawn) from the holders of US$315,971,000, or approximately 86.19% of the total outstanding principal amount of the Notes, including US$311,872,000 principal amount of the Notes that were tendered and not validly withdrawn as of 5:00 p.m., New York City time on September 21, 2016 (the "Early Tender Deadline").

The Company plans to accept for purchase all Notes validly tendered and not validly withdrawn pursuant to the Offer to Purchase and Consent Solicitation Statement, dated September 8, 2016 (the "Offer to Purchase"). As previously announced, holders of Notes who validly tendered and did not validly withdraw their Notes at or prior to the Early Tender Deadline received on September 27, 2016 (the "Early Payment Date"), an amount equal to US$1,050.00 for every US$1,000.00 principal amount of the Notes validly tendered at or before the Early Tender Deadline and accepted in the Tender Offer, which consisted of an amount equal to US$1,020.00 (the "Tender Offer Consideration") plus an amount equal to US$30.00 for each US$1,000.00 principal amount of Notes, plus accrued and unpaid interest from the last interest payment date for the Notes to, but not including, the Early Payment Date. In addition, as of the Early Tender Deadline, the Company had obtained sufficient consents to approve the proposed amendments to the indenture under which the Notes were issued (the "Indenture"). As a result, the Company entered into a supplemental indenture dated as of the Early Payment Date to, among other things, eliminate the Company's obligation to comply with substantially all of the covenants contained in the Indenture, remove certain events of default and shorten the minimum notice period to holders required for a redemption from thirty days to six business days prior to the redemption date, with an additional minimum notice of three business days to the Trustee.

Holders of Notes who validly tendered their Notes after the Early Tender Deadline but at or prior to the Expiration Time will receive only the Tender Offer Consideration of US$1,020.00 per US$1,000.00 principal amount of Notes validly tendered, plus accrued and unpaid interest from the last interest payment date for the Notes to, but not including, the purchase date therefor.

Payment for all Notes validly tendered after the Early Tender Deadline and at or prior to the Expiration Time will be made promptly after the Expiration Time, and is expected to be made on October 6, 2016.

The Company's obligations to accept any Notes tendered and not withdrawn and to pay the consideration for them are set forth solely in the Offer to Purchase and related Letter of Transmittal and Consent (collectively, the "Offer Documents"). The Tender Offer is made only by, and pursuant to the terms of, the Offer Documents, and the information in this news release is qualified by reference to the Offer Documents.

Credit Suisse Securities (USA) LLC, Citigroup Global Markets Inc. and UBS Securities LLC acted as the dealer managers and solicitation agents for the Tender Offer. D.F. King & Co., Inc. has been appointed as the tender agent and information agent for the Tender Offer. Persons with questions regarding the Tender Offer should contact Credit Suisse Securities (USA) LLC at (212) 538-2147 (collect) or (800) 820-1653 (toll-free), Citigroup Global Markets Inc. at (212) 723-6106 (collect) or (800) 558-3745 (toll-free) and UBS Securities LLC at (203) 719-4210 (collect) and (888) 719-4210.

This press release is not an offer to sell or a solicitation of an offer to buy any security. The Tender Offer is being made solely pursuant to the Offer Documents.

The Tender Offer does not constitute, and the Offer Documents may not be used in connection with, an offer or solicitation by anyone in any jurisdiction in which such offer or solicitation is not permitted by law or in which the person making such offer or solicitation is not qualified to do so or to any person to whom it is unlawful to make such offer or solicitation. In any jurisdiction in which the Tender Offer is required to be made by a licensed broker or dealer and in which the dealer manager, or any affiliates thereof, are so licensed, the Tender Offer will be deemed to have been made by such dealer manager, or such affiliates, on behalf of the Company.

Forward-Looking Statements

This release may contain certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to risks, uncertainty and changes in circumstances, which may cause actual results, performance or achievements to differ materially from anticipated results, performance or achievements. All statements contained herein that are not clearly historical in nature are forward-looking and the words "anticipate", "believe", "expect", "estimate", "plan" and similar expressions are generally intended to identify forward- looking statements. The Company is under no obligation (and expressly disclaims any such obligation) to update or alter its forward-looking statements whether as a result of new information, future events or otherwise. More detailed information about these and other factors is set forth in the Offer to Purchase.

About the Company

Unifin Financiera is a Mexican leasing company, operating as a non-banking financial services company, specializing in three main business lines: operating leasing, financial factoring and auto loans and other lending. Through its leasing business line, its core business line, Unifin offers operating leases for all types of machinery and equipment, transportation vehicles (including cars, trucks, helicopters, airplanes and other vessels) and other assets used in a variety of industries. Through its factoring business line, it provides liquidity and financing solutions to its customers by purchasing or discounting their accounts receivable and by providing vendor financing. The shares of Unifin Financiera are listed in the Mexican Stock Exchange with the ticker "UNIFIN*" (Bloomberg: "UNIFINA*:MM").

SOURCE Unifin Financiera, S.A.B. de C.V.