10 / 14 / 22

Bocel Private Equity makes the second capital call for over US$ 14 million

MEXICO CITY, MEXICO, October 14th, 2022 –  SMPS Legal advised Bocel Private Equity on the second capital call to the holders of its Certificado de Capital de Desarrollo (CKD) under ticker (BOCELCK 20), placed in August 2020, pursuant to which a subsequent issuance of MXN$279,450,000.00 (approximately US$14.8 million), was made on October 14th, 2022.

Since the initial placement of the CKD, the proceeds of the first capital call, and the proceeds of the second capital call Bocel has raised MXN$884,250,000.00 (approximately US$46,830,000.00), of the MXN$1,875,000,000.00 (approximately US$94.0 million), that the CKD may raise during its term, as required by its own investment needs. The funds raised will be used, among other things, for the long-term financing of various projects of the companies in Bocel’s portfolio.

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