Banco Actinver, S.A., Institución de Banca Múltiple, División Fiduciaria, exclusively in its capacity as trustee under the Irrevocable Trust Agreement No. 6274, a Mexican real estate investment trust (“Terrafina”)

OFFER TO PURCHASE

for Cash Any and All of its Outstanding Securities Listed Below

Title of Security

CUSIP No.

ISIN

Principal Amount Outstanding

Tender Offer Consideration
(per U.S.$1,000 principal amount)


4.962% Senior Notes due 2029


144A: 17162L AB7
Reg S: P26054 AB5


144A: US17162LAB71
Reg S: USP26054AB59


U.S. $500,000,000


U.S.$1,028.95


The Tender Offer (as defined below) for the 4.962% Senior Notes due 2029 (the “Securities”) issued by Banco Actinver, S.A., Institución de Banca Múltiple, División Fiduciaria, exclusively in its capacity as trustee under the Irrevocable Trust Agreement No. 6274 (formerly, Irrevocable Trust Agreement F/00939), a Mexican real estate investment trust (“Terrafina,” the “Trust” or “we”) will expire at 5:00 p.m., New York City time, on January 12, 2026 or any other date and time to which the Trust extends the Tender Offer (such date and time, as it may be extended with respect to the Tender Offer, the “Expiration Date”), unless earlier terminated.

To be eligible to receive the Tender Offer Consideration (as definTendered Securities may be withdrawn at any time prior to the earlier of (i) the Expiration Date, and (ii) if the Tender Offer is extended, the 10th business day after the commencement of the Tender Offer (the “Withdrawal Deadline”). Securities may also be validly withdrawn if, for any reason, the Tender Offer has not been consummated within 60 business days after commencement. ed below) and the Accrued Interest (as defined below), Holders (as defined below) must validly tender, and not validly withdraw, their Securities at or before the Expiration Date.

Tendered Securities may be withdrawn at any time prior to the earlier of (i) the Expiration Date, and (ii) if the Tender Offer is extended, the 10th business day after the commencement of the Tender Offer (the “Withdrawal Deadline”). Securities may also be validly withdrawn if, for any reason, the Tender Offer has not been consummated within 60 business days after commencement.

The Tender Offer is subject to the satisfaction of the General Conditions (as defined herein) and the Financing Condition (as defined below), as set forth under the heading “Terms of the Tender Offer—Conditions of the Tender Offer.”

NONE OF THE COMPANY, ITS MANAGER , THE MEMBERS OF ITS TECHNICAL COMMITTEE, THE DEALER MANAGERS, THE TENDER AND INFORMATION AGENT (EACH AS DEFINED BELOW) OR THE TRUSTEE WITH RESPECT TO THE SECURITIES OR ANY OF THEIR RESPECTIVE AFFILIATES IS MAKING ANY RECOMMENDATION AS TO WHETHER HOLDERS SHOULD TENDER ANY SECURITIES IN RESPONSE TO THE TENDER OFFER, AND NEITHER THE COMPANY NOR ANY SUCH OTHER PERSON HAS AUTHORIZED ANY PERSON TO MAKE ANY SUCH RECOMMENDATION. HOLDERS MUST MAKE THEIR OWN DECISION AS TO WHETHER TO PARTICIPATE IN THE TENDER OFFER, AND, IF SO, THE PRINCIPAL AMOUNT OF SECURITIES TO TENDER. THE NOTES HAVE NOT BEEN AND WILL NOT BE REGISTERED WITH THE NATIONAL SECURITIES REGISTRY (REGISTRO NACIONAL DE VALORES, OR “RNV”) MAINTAINED BY THE MEXICAN NATIONAL BANKING AND SECURITIES COMMISSION (COMISIÓN NACIONAL BANCARIA Y DE VALORES, OR “CNBV”), AND MAY NOT BE SUBJECT TO A PUBLIC OFFERING (INCLUDING AN OFFER TO PURCHASE) IN MEXICO, EXCEPT THAT AN OFFERING MAY BE MADE TO INSTITUTIONAL OR QUALIFIED INVESTORS IN MEXICO PURSUANT TO ARTICLE 8 OF THE MEXICAN SECURITIES MARKET LAW (LEY DEL MERCADO DE VALORES) AND REGULATIONS THEREUNDER. THIS OFFER TO PURCHASE IS EXCLUSIVELY OUR RESPONSIBILITY AND HAS NOT BEEN REVIEWED OR AUTHORIZED BY THE CNBV, AND MAY NOT BE PUBLICLY DISTRIBUTED IN MEXICO.

To view copies of the Offer to Purchase documents please click on the links below

Offer to Purchase

Press Release

Notice of Guaranteed Delivery


Questions, requests for assistance and requests for additional copies of this Statement, the related Letter of Transmittal and the Notice of Guaranteed Delivery may be directed to the Information Agent or the Dealer Manager at their address set forth below.

The Information Agent and Tender Agent for the Offer is:

D.F. King & Co., Inc.

28 Liberty, 53th Floor
New York, New York 10005

Attention: Michael Horthman or
Banks and Brokers call: +1 (212) 269-5550
Toll-free: +1 (888) 541-9835
By email: terrafina@dfking.com

By Facsimile Transmission (for Eligible Institutions only):
212-709-3328
Attention: Michael Horthman
For Confirmation by Telephone:
212-232-3233

If a Holder has questions about the Tender Offer or the procedures for tendering Securities, the Holder should contact the Tender and Information Agent or the Dealer Managers at their respective telephone numbers.

The Dealer Managers for the Offer are:

BBVA Securities Inc.

Two Manhattan West,
375 9th Ave, 9th Floor
New York, NY 10001
United States
Attention: Liability Management Group
US Toll-Free: +1 (800) 422-8692
Collect: +1 (212) 728-2303
Email: liabilitymanagement@bbva.com

BofA Securities, Inc.

One Bryant Park
New York, NY 10036
United States
Attention: Liability Management
US Toll-Free: +1 (888) 292-0070
Collect: +1 (646) 855-8988


J.P. Morgan Securities LLC

270 Park Avenue
New York, NY 10017
United States
Attention: Latin America Debt Capital Markets
US Toll-Free: +1 (866) 846-2874
Collect: +1 (212) 834-7279


Scotia Capital (USA) Inc.

250 Vesey Street
New York, NY 10281
United States
Attention: Liability Management Group
US Toll-Free: +1 (800) 372-3930
Collect: +1 (212) 225-5501
Email: LM@scotiabank.com