Comisión Federal de Electricidad (CFE), Mexico’s state-owned electric utility company, announced February 5, 2026 that it has increased its maximum cash tender offer to $510,746,000 from the previously announced $500,000,000. The company revealed early tender results showing $595,369,000 in principal amount of its 4.688% Sustainable Notes due 2029 were tendered by the February 4, 2026 early tender deadline at 5:00 p.m. New York time.
The tender offer, originally announced January 22, 2026, allows CFE to purchase outstanding notes for cash as part of its debt management strategy. The 2029 Notes, which have $1,250,000,000 in total principal amount outstanding, received the highest acceptance priority level in the offer. CFE operates as a public enterprise of the Federal Government of Mexico and manages the country’s electrical power system.
The early settlement date and final terms of the cash tender offer remain subject to conditions outlined in CFE’s original offer to purchase document. The company stated all other terms of the offer remain unchanged except for the increased maximum consideration amount. CFE’s tender offer represents a significant financial transaction as the utility works to optimize its debt structure and manage outstanding bond obligations.
Originally reported by Suncoast News – Hudson
Sources: Suncoast News – Hudson
