MEXICO CITY, May 22, 2026 /PRNewswire/ -- ESENTIA Energy Development, S.A.B. de C.V. (BMV: ESENTIA) ("ESENTIA" or the "Company") today announced the successful settlement of US$2 billion senior unsecured 144A/Reg S notes offering. The transaction comprised two tranches: US$1.0 billion of 6.125% Notes due 2033 and US$1.0 billion of 6.500% Notes due 2038, both with bullet maturities. The offering was 4.5 times oversubscribed. Proceeds were used to fully repay approximately US$2.1 billion of existing project-level debt across four operating subsidiaries. In parallel, the Company established a committed US$600 million revolving credit facility to strengthen its financial flexibility and liquidity position.
This transaction represents a pivotal milestone in ESENTIA's corporate evolution. The proceeds fully retire approximately US$2.1 billion of project-level debt across four operating subsidiaries, consolidating years of asset-by-asset development into a single, unified corporate capital structure. The new structure significantly enhances ESENTIA's financial flexibility, with no principal amortization, freed restricted cash, and established a covenant framework aligned with the Company's long-term growth strategy. With this offering, ESENTIA enters the international debt capital markets for the first time as an investment-grade corporate issuer — a transition that, together with the Company's IPO on the Bolsa Mexicana de Valores in November 2025, cements ESENTIA's position as a leading investment-grade energy company in Latin America.
