Scotiabank Inverlat to Raise Capital
Scotiabank Inverlat, the Mexican subsidiary of Canada-based Scotiabank, will seek resources up to 10,000 million pesos (approximately $556 million) on the Mexican stock market.
The bank will issue two long-term bonds through the Bolsa Mexicana de Valores (BMV) using the parallel issuance scheme, ensuring that the total sum of instruments issued does not exceed the overall target for the issuance.
The bond placement is expected on January 27, 2026, with the books closing on the same day and the issuance taking place two days later, as per the prospectus sent to the stock market.
Scotiabank Inverlat aims to gather 7,500 million pesos from the primary issuance and an additional 2,500 million pesos through the oversubscription mechanism.
Fibra Uno Transfers Assets to Fibra Next
Fibra Uno, Mexico’s first real estate investment trust (REIT) listed on the national stock market, successfully concluded the process of transferring assets to the industrial and logistics vehicle Fibra Next.
Fibra Uno contributed approximately 182 properties valued at around 116,000 million pesos ($6.488 billion) to Fibra Next, along with bank debt and bond swaps worth nearly 53,000 million pesos ($2.946 billion). This resulted in a net asset value of approximately 63,000 million pesos ($3.502 billion) for Fibra Uno.
The REIT stated that this transaction strengthens its strategic position in an environment of growing demand for logistics and manufacturing spaces.
Following the asset and debt contribution, Fibra Uno will hold around 61% of Next Properties, the joint venture it formed with Fibra Next.
Trump Invests in Nuclear Energy
The President of the United States, Donald Trump, will enter the nuclear energy business through a $6 billion merger of his company, Trump Media and TAE Technologies, backed by Google.
This news caused Trump Media’s stock to surge nearly 42%, closing at $14.86 per share. The increasing electricity needs of the technology and artificial intelligence industries have reignited interest in nuclear energy.
Trump Media agreed to provide up to $200 million in cash to TAE Technologies at contract signing and an additional $100 million upon initial registration. TAE Technologies aims to develop fusion nuclear energy by the early 2030s.
TikTok Sells U.S. Business
TikTok, the Chinese short-video platform, signed an agreement to sell its U.S. business to a group of investors including tech giants Oracle, Silver Lake, and MGX.
This transaction ensures TikTok can continue operating in the U.S. after years of efforts and issues with Washington over supposed national security threats.
The deal is expected to close on January 22, according to Reuters. The new U.S. joint company will distribute its ownership across three main segments.
Key Questions and Answers
- What is Scotiabank Inverlat doing? Scotiabank Inverlat will raise capital by issuing two long-term bonds worth up to 10,000 million pesos (approximately $556 million) on the Mexican stock market.
- What assets did Fibra Uno transfer to Fibra Next? Fibra Uno transferred around 182 properties valued at approximately 116,000 million pesos ($6.488 billion), bank debt, and bond swaps worth nearly 53,000 million pesos ($2.946 billion) to Fibra Next.
- Why is Trump investing in nuclear energy? The growing electricity needs of the technology and artificial intelligence industries have reignited interest in nuclear energy, prompting Donald Trump to invest through a merger of his company with TAE Technologies.
- Why is TikTok selling its U.S. business? TikTok signed an agreement to sell its U.S. business to a group of investors, including Oracle, Silver Lake, and MGX, to ensure continued operation in the U.S. after years of issues with Washington over national security concerns.
