News Column

Terrafina Announces US$400 Million Equity Issuance

September 3, 2014

MEXICO CITY--(BUSINESS WIRE)-- Terrafina (“Terrafina”) (BMV: TERRA13), a leading Mexican industrial real estate investment trust (“FIBRA”), externally advised by Prudential Real Estate Investors and dedicated to the acquisition, development, lease and management of industrial real estate properties in Mexico, announced today that on August 18, 2014 it filed a request with the Mexican National Banking and Securities Commission (ComisiÓn Nacional Bancaria y de Valores) and the Mexican Securities Exchange (Bolsa Mexicana de Valores) to conduct a domestic and international follow-on equity offering of approximately US$ 400 million, with a 15% greenshoe and a 20% hot deal option of the base offering. Terrafina intends to initiate marketing efforts relating to the offering tomorrow, September 4, 2014.

Terrafina primarily intends to use the net proceeds of the offering to support growth through acquisitions and development, repay debt and for other general corporate purposes.

Citigroup and HSBC are joint-global coordinators on the offering. Citigroup, HSBC, Goldman Sachs and UBS will act as international joint-bookrunners; Banamex Accival and HSBC as local joint-bookrunners and Actinver as local co-manager.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities to which this communication refers, nor shall there be any sale or offer of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The securities to which this communication refers may not be offered or sold to the public until the Mexican Banking and Securities Commission authorizes such public offering in accordance with the Mexican Securities Market Law (Ley del Mercado de Valores).

This press release is not an offer for sale of the securities in the United States, and the securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Terrafina does not intend to register any part of the offering, or conduct a public offering, in the United States.

About Terrafina

Terrafina (BMV:TERRA13) is a Mexican real estate investment trust formed primarily to acquire, develop, lease and manage industrial real estate properties in Mexico. Terrafina’s portfolio consists of attractive, strategically located warehouses and other light manufacturing properties throughout the central, Bajio and northern regions of Mexico. It is internally managed by highly qualified industry specialists, and externally advised by Prudential Real Estate Investors Latin America.

Terrafina owns 230 real estate properties, including 217 developed industrial facilities with a collective GLA of approximately 31 million square feet and 13 land reserve parcels, designed to preserve the organic growth capability of the portfolio.

Terrafina’s objective is to provide attractive risk-adjusted returns for the holders of its certificates through stable distributions and capital appreciations. Terrafina aims to achieve this objective through a successful performance of its industrial real estate and complementary properties, strategic acquisitions, access to a high level of institutional support, and to its management and corporate governance structure. For more information, please visit www.terrafina.mx

About Prudential Real Estate Investors

PREI® is a leader in the global real estate investment management business, offering a broad range of investment vehicles that invest in private and public market opportunities in the United States, Europe, the Middle East, Asia, Australia and Latin America. Headquartered in Madison, N.J., the company also has offices in Atlanta, Chicago, Miami, New York, San Francisco, Frankfurt, Lisbon, London, Luxembourg, Munich, Paris, Abu Dhabi, Mexico City, Hong Kong, Seoul, Singapore, Sydney, and Tokyo. The company also has a representative presence in Rio de Janeiro. PREI has gross assets under management of USD $55.8 billion (US$41.8 billion net assets), as of March 31, 2014. For more information, please visit www.prei.com

About Prudential Financial, Inc.

Prudential Financial, Inc. (NYSE:PRU), a financial services leader with more than $1 trillion of assets under management as of June 30, 2014, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. In the U.S., Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit www.news.prudential.com

Forward Looking Statements

This document may include forward-looking statements that may imply risks and uncertainties. Terms such as "estimate", "project", "plan", "believe", "expect", "anticipate", "intend", and other similar expressions could be construed as previsions or estimates. Terrafina warns readers that declarations and estimates mentioned in this document, or realized by Terrafina’s management imply risks and uncertainties that could change in function of various factors that are out of Terrafina’s control. Future expectations reflect Terrafina’s judgment at the date of this document. Terrafina reserves the right or obligation to update the information contained in this document or derived from this document. Past or present performance is not an indicator to anticipate future performance.




Mexico City:

Terrafina

Francisco Martinez, +52 (55) 5279-8107

Investor Relations Officer

francisco.martinez@terrafina.mx

or

Angel Bernal, +52 (55) 5279-8109

Chief Financial Officer

angel.bernal@terrafina.mx

or

New York:

i-advize Corporate Communications, Inc.

Maria Barona, +1-212-406-3691

mbarona@i-advize.com

or

Juan Carlos Gomez Stolk, 646-462-4517

jgomezstolk@i-advize.com

Source: Terrafina


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