11th February 2021
Four Seasons, Mexico City



6th February 2020

Registration and coffee
Session ends: 08:50
Chairman's opening remarks
Session ends: 09:00
Opening keynote address: Adapting to changing monetary policy, trade relations and global capital flows
  • How are changing trade relations impacting trade and investment flows?
  • East or West: Where is the liquidity today? How have capital flows been impacted by a change in trade dynamics and Central Bank policies?
  • Making sense of monetary policy and global interest rates: A look into the future of where to invest and how to raise funding
Session ends: 09:25
Keynote address: Understanding the financing plans of Mexico’s government for 2020 and beyond
  • What are the government’s long-term plans to encourage investor confidence in light of a changing political climate and the sovereign’s rating downgrade?
  • Public spending strategy: How much capital does the government need to secure to implement its growth plans? In Which markets are the government looking at to raise funds?
  • How is the government planning to facilitate the flow of capital for projects outside Pemex? How are they looking to make the contracts more bankable?
Session ends: 09:50
Trade wars, rate cuts and US elections: Assessing the impact of macroeconomic volatility on the Mexican economy
  • Expectations one year into the new administration: How do investors, lenders and issuers feel about Mexico’s outlook for the first half of 2020?
  • How will the Fed’s rate cuts affect Mexico’s own monetary policy and market activity
  • Update on USMCA: How are the ongoing negotiations impacting Mexico’s manufacturing and credit markets?
  • Pricing and inflation hike due to uncertainty of deal: How can Mexican manufacturers hedge against this pricing change? How can they benefit more from USMCA?
Session ends: 10:35
Coffee and networking break
Session ends: 11:05
Evolution of Mexico’s ESG and sustainable finance markets: How can issuers and investors capitalise on this additional liquidity to make a concerted effort to issue green?
  • Increased international appetite for ESG as an investment tool: How can Mexican issuers develop socially conscious governance structures to improve ESG scores?
  • Assessing ESG metrics and rating analysis for socially conscious investments: What do investors expect versus reality? How do ESG metrics affect funding and economic performance of projects
  • Green bonds vs. green loans: What factors do issuers and investors need to take into account to successfully issue green in Mexico?
  • Which Mexican corporates are developing sustainable finance products? What are criteria are they looking for in their banking relationship?
Session ends: 12:05
Introduction: Preparing for a transition away from LIBOR: How to ensure your organisation is ready for the seismic shift?
Session ends: 12:20
Preparing for a transition away from LIBOR: How to ensure your organisation is ready for the seismic shift?
  • What is replacing LIBOR as a benchmark in Latin America?
  • Transitioning: What do banks and borrowers need to be aware of when renewing loan contracts?
  • Reviewing recent deals launched using alternatives to LIBOR: How can this be applied to deals within a Latin American jurisdiction?
Session ends: 13:05
Networking Lunch
Session ends: 14:35
On the road to refinancing: How can the administration instil greater confidence in the Oil and Gas sector?
  • What are the critical success factors firms need to employ to secure economically viable new projects with competitive pricing?
  • Evolution of the Dos Bocas oil refinery: What are the principal challenges and opportunities available for other oil and gas players?
  • Access to working CAPEX: How do the government plan to support oil companies to achieve a healthy balance sheet?
  • What would be the impact of refinancing on Mexico’s local market activity? Who will be the players refinancing these debts?
Session ends: 15:20
What steps need to be taken to secure continued local and international sponsorship into Mexico’s energy sector?
  • How can Mexican developers re-engage international interest to demonstrate the door for investment is still open?
  • Electricity sector private auctions: What opportunities are available for the private energy sector to attract new investment?
  • Assessing the future of the energy sector post 2021/22: How will renewable projects be financed? Which markets can be tapped to access new capital? For how long will energy tariffs remain stable?
  • Evaluating the changing role of CFE as a potential electricity generator: How would this alter the competition for tenders?
  • ECAs, DFIs and IFIs: Will their appetite to lend to energy projects in Mexico change in light of the slowdown of energy auctions? How can developers secure more funding from these lenders?
Session ends: 16:05
Coffee and networking break
Session ends: 16:20
Mexico’s infrastructure pipeline for 2020/21: What is the government’s plan at federal and regional levels for new initiatives and financing opportunities?
  • Continuation of financing existing projects: What are the key funding sources of the government’s strategic programme?
  • Infrastructure Fibras: Which assets are best to invest? How does pricing compare to Real Estate Fibras? Assessing investment opportunities will new ventures create for private firms
  • Importance of funding large infrastructure projects in USD: How can firms with peso dominated cashflows enter into the market?
  • The long road to PPPs: How can these be made bankable, and what is the timeline for these projects to come to fruition?
  • Evolution of projects outside CDMX: Which projects and regions are most attractive to investors?
Session ends: 17:05
Pricing Mexican credit: Where are the investors’ sweet spots?
  • Politics, market dynamics and credit ratings: How is uncertainty being priced into Mexican bonds? How are investors hedging their exposure to Mexico?
  • Understanding the appetite for local and cross border bonds – where do issuers and investors see the most value?
  • Restoring investor confidence: What critical success factors do international investors need to boost long-term investment into the Mexican market?
  • Assessing the value of investing directly into CKDs, Fibras and CERPIS - is the demand amongst local buyers matched with the return on investment?
  • What steps need to be taken to encourage issuers to come to market? Prior to issuance, which credits are attractive to investors?
  • How can REITs capitalise on the window of opportunity in the market? What do investors need to see to drive more growth?
  • Looking to the Far East: How can Asian interest in Mexico be converted into new investment?
Session ends: 18:05
Chairman's closing remarks and close of conference
Session ends: 18:15