DESARROLLADORA HOMEX, S.A.B. DE C.V. INVESTOR RELATIONS CONTACT
vfueyo@homex.com.mx
Culiacán, Sinaloa, November 25, 2015, Desarrolladora Homex S.A.B. de C.V. ('Homex' or the Company') as per the request of the Mexican Stock Exchange (Bolsa Mexicana de Valores) in compliance with Article 54 of the 'Circular Única de Emisoras', ratifies that the Company has received a capitalization of Ps.1,750 million on October 23rd.
As well, the Company has access to two revolving credit lines for Ps.1,850 million with Proyectos Adamantine, S.A. de C.V., SOFOM, E.N.R. ('Adamantine') and in process to be formalized, a credit line with INFONAVIT for approximately Ps. 350 million for the financing of infrastructure, as well as access to bridge loans with financial institutions as Santander and Inbursa providing Homex the sufficient and needed liquidity to reactivate our operations.
With respect to the executed capital increases, issuance of shares and the reverse split, as it was notified on the Shareholders Notice published before the National Banking and Securities Exchange Commission (CNBV) on October 14th and published at Homex web page, these have a dilution effect
for all the Company shareholders.
Desarrolladora Homex, S.A.B. de C.V. is a vertically integrated home-development company focused on affordable entry-level and middle-income housing in Mexico.
Desarrolladora Homex, S.A.B. de C.V. quarterly reports and all other written materials may from time to time contain statements about expected future events and financial results that are forward-looking and subject to risks and uncertainties. Forward-looking statements involve inherent risks and uncertainties. We caution investors that a number of important factors can cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. These factors include economic and political conditions and government policies in Mexico or elsewhere, including changes in housing and mortgage policies, inflation rates, exchange rates, regulatory developments, customer demand and competition. For those statements, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Discussion of factors that may affect future results is contained in our filings with the Securities and Exchange Commission.
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