Aeroméxico’s Global Offering Results Revealed

Grupo Aeroméxico, S.A.B. de C.V. has issued a statement announcing the results of its global mixed public offering. The offering included 27,463,590 shares at a price of MXN $35.34 per share in Mexico and 11,727,325 American Depositary Shares (ADS) at a price of US $19.00 each in the United States.

This transaction, referred to as the "Global Offering," represents a significant action within the airline's financing and expansion strategy. It was reported that Aeroméxico's shares began trading on the Mexican Stock Exchange (BMV) and the ADS on the New York Stock Exchange (NYSE) starting November 6, 2025, under the ticker symbol "AERO." The settlement of the Global Offering was completed on November 7, 2025, under standard closing conditions.

The Global Offering is composed of two parts. One part is a primary offering that includes 7,000,000 shares in Mexico and 7,394,409 ADS in the United States. The other part includes a secondary offering of 20,463,590 shares in Mexico and 4,332,916 ADS in the United States, carried out by certain Aeroméxico shareholders, known as the "Selling Shareholders."

Furthermore, the intermediaries for the International Offering have been granted an over-allotment option to acquire up to an additional 2,171,050 ADS. This option is valid for a period of 30 days.

It is relevant to mention that Delta Airlines, a current shareholder and strategic partner of Aeroméxico, did not participate in this Global Offering, having signed a lock-up agreement for a period of four years.

Complementing the Global Offering, Aeroméxico has carried out a private placement of shares for approximately US $25,000,000.00 at a price of US $1.805 per share, directed at PAR Investment Partners, LP. This placement will not be registered under the Securities Act of 1933, as it is being conducted under the registration exemption provided by Section 4(a)(2) of that law.

It is estimated that the primary component of the Global Offering and the Simultaneous Private Placement will generate approximate proceeds of US $178.8 million, before discounts and commissions for the intermediaries. Aeroméxico plans to use these funds for general corporate purposes, including fleet expansion and improvements to customer service infrastructure.

Regarding the management of the offering, Barclays, Morgan Stanley, JP Morgan, and Evercore are acting as lead bookrunning managers, while other major banks are participating as co-managers and bookrunners. The placement prospectus for the offering is available through various contact channels and is expected to foster greater confidence and investor participation in Aeroméxico's future.