Capital Markets transactions


We represented Casa de Bolsa Santander, BTG Pactual Casa de Bolsa, and Casa de Bolsa Banorte, as underwriters and/or structuring agents, in the issuance and public offering by Xinfra of energy and infrastructure investment trust certificates (CBFEs)for a total amount of MXN$5,588 million. 

CLIENT:

Casa de Bolsa Santander, BTG Pactual Casa de Bolsa, y Casa de Bolsa Banorte

PRACTICE AREA:

Capital Markets

CLOSING DATE:

April 2024

VALUE:

MXN$5,588 million

OTHER FIRMS:

Creel, García–Cuéllar, Aiza y Enríquez, S.C., legal counsel to the issuer


We represented Navistar, in the third issuance of variable-rate debt bonds (NAVISTS 24) and in the fourth issuance of fixed-rate debt bonds (NAVISTS 24-2) for a total amount of MXN$2,000 million, under its dual program of short and long-term revolving debt bonds for a total amount of up to MXN$8,000 million. BBVA and Scotiabank acted as underwriters.

CLIENT:

Navistar Financial

PRACTICE AREA:

Capital Markets

CLOSING DATE:

April 2024

VALUE:

MXN$2,000 million


We represented BBVA Securities, Citigroup Global Markets, Goldman Sachs, HSBC Securities (USA), Inversora Bursátil Casa de Bolsa, J.P. Morgan Securities, Morgan Stanley, and Santander US Capital Markets, as underwriters, in the issuance and placement by América Móvil of MXN$17,500 million of its Senior Notes due 2029, under a Global Note Program in Mexico and the United States.

CLIENT:

BBVA
Citigroup
Goldman Sachs
HSBC
JP Morgan
Morgan Stanley
Santander
Inbursa

PRACTICE AREA:

Capital Markets

CLOSING DATE:

March 2024

VALUE:

MXN$17.5 Billion

OTHER FIRMS:

Cleary Gottlieb (Issuer's US Counsel) Robles Miaja Abogados (Issuer's Mexican Counsel) Simpson Thacher (Underwriters' US Counsel)


We represented Auna, in connection with the initial public offering of 30 million class A ordinary shares, on the New York Stock Exchange (NYSE), for a total amount of USD$360 million.

CLIENT:

Auna

PRACTICE AREA:

Capital Markets

CLOSING DATE:

March 2024

VALUE:

USD$360 million.

OTHER FIRMS:

Davis Polk & Wardwell NY counsel to Auna. Rodrigo, Elías & Medrano Abogados Peruvian counsel to Auna. Posse Herrera Ruiz Colombian counsel to Auna. Cleary Gottlieb Steen & Hamilton NY counsel to underwriters. Garrigues Peruvian counsel to underwriters.


We represented Citibanamex Casa de Bolsa, J.P. Morgan Casa de Bolsa and Casa de Bolsa BBVA Mexico, as lead underwriters, in connection with FIBRA Prologis’ offering of 138,000,000 additional Real Estate Trust Certificates (CBFIs), for a total amount of MXN$9,660 million, consisting of an offering of 83,131,095 CBFIs to the general public in Mexico and an international offering of 54,868,905 CBFIs outside of Mexico. The CBFIs trade on the Mexican Stock Exchange.

CLIENT:

Citibanamex Casa de Bolsa
J.P. Morgan Casa de Bolsa
Casa de Bolsa BBVA Mexico

PRACTICE AREA:

Capital Markets

CLOSING DATE:

March 2024

VALUE:

MXN$9,660 million

OTHER FIRMS:

Jones Day LLP, Initial Purchaser's US Counsel Simpson, Thacher & Bartlett LLP, Issuer's US Counsel Creel, García-Cuéllar, Aíza y Enríquez, S.C., Issuer's Counsel


Represented a special purpose acquisition trust managed by Mexico Infrastructure Partners, in the acquisition and secured financing to fund the USD$6.2 billion acquisition of 12 combined-cycle power generation facilities and 1 wind power generation facility with a total installed capacity of 8.5 GW, which were part of the generation portfolio of Iberdrola in Mexico. Also represented Mexico Infrastructure Partners in the structuring and establishment of the acquisition trust and corresponding equity vehicle through a public offer of Series A-1 and Series A-2 certificados bursátiles fiduciarios de desarrollo (CKDs) that were subscribed and paid by the Mexican National Infrastructure Fund (Fondo Nacional de Infraestructura).

CLIENT:

Mexico Infrastructure Partners

PRACTICE AREA:

Energy and Infrastructure Projects

Mergers and Acquisitions

Capital Markets

CLOSING DATE:

February 2024

VALUE:

ND

OTHER FIRMS:

Greenberg Traurig México, Co-Counsel to MIP Cleary Gottlieb Steen & Hamilton LLP, Co-Counsel to MIP White & Case, Counsel to Banobras and FONADIN Milbank, Counsel to Barclays, BBVA Mexico, Santander Mexico, NAFIN and Bancomext Galicia Abogados, Counsel to Barclays, BBVA Mexico, Santander Mexico, NAFIN and Bancomext Mijares, Angoitia, Cortés y Fuentes, Counsel to Citibanamex Holland & Knight, Counsel to UMB Bank


Represented J.P. Morgan, Morgan Stanley, BofA Securities, Scotiabank, and UBS, in connection whit the initial public offering of 33,660,589 Class A common shares by BBB Foods, in the New York Stock Exchange (NYSE), at a price of USD$17.50 per share, raising gross proceeds of approximately USD$589 million. 

CLIENT:

JP Morgan
Morgan Stanley
Scotiabank
Bank of America

PRACTICE AREA:

Capital Markets

CLOSING DATE:

February 2024

VALUE:

USD$589 million

OTHER FIRMS:

Simpson Thacher (US Counsel to the Company) Cleary Gottlieb (US Counsel to Underwriters) Greenberg Traurig (Mexico Counsel to Company) Conyers Dill & Pearman (BVI Counsel to the Company)


We represented BBVA, Citi, Deutsche Bank, HSBC and Natixis, as underwriters, in connection with the offering by the United Mexican States of its €2,000 million 4.4899% Global Notes due 2032.

CLIENT:

BBVA
Citi
Deutsche Bank
HSBC
Natixis

PRACTICE AREA:

Capital Markets

CLOSING DATE:

January 2024

VALUE:

€2.0 Billion

OTHER FIRMS:

Cleary Gottlieb (Mexico's US Counsel) Sullivan & Cromwell (US Counsel to the Underwriters)


Escribe la descripción de esta imágen
Escribe la descripción de esta imágen

We make use of first party and third party cookies to improve your experience and our services by analyzing traffic in our website. If you continue browsing, then we shall consider that you are in agreement with our cookie policy

NEWSLETTER SUBSCRIPTION