Capital Markets transactions

We represented BofA Securities, Citigroup, J.P. Morgan, Mizuho, MUFG and Rabo Securities, in connection with the offering by Bimbo Bakeries USA of its (i) SD$450 million 6.050% Senior Notes due 2029 and (ii) USD$800 million 5.375% Senior Notes due 2036.

BofA Securities
Citigroup
J.P. Morgan
Mizuho
MUFG
Rabo Securities

Capital Markets

January 2024

USD$1.25 billion

Jean Paul Farah Chajín

Gerardo Barbará González

Diego Rodríguez Rodríguez

Ernesto Talamás Velázquez

We represented Barclays, BofA, J.P. Morgan, Morgan Stanley and Santander, as underwriters, in connection with the offering by the United Mexican States of its (i) USD$1,000 million 5.000% Global Notes due 2029, (ii) USD$4,000 million 6.000% Global Notes due 2036 and (iii) USD$2,500 million of its 6.400% Global Notes due 2054.

Barclays
BofA Securities
J.P. Morgan Securities
Morgan Stanley
Santander

Capital Markets

January 2024

USD$7.5 billion

Luis A. Nicolau Gutiérrez

Tatiana Canales Cantú

Ernesto Talamás Velázquez

We represented BBVA Securities, Goldman Sachs, HSBC Securities (USA), and Morgan Stanley, in connection with the offering by BBVA México of its US$900 million 8.125% Fixed Reset Subordinated Preferred Tier 2 Capital Notes due 2039, issued under foreign legislation pursuant to an authorized program for an aggregate amount of up to US$10,000 million.

BBVA Securities
Goldman Sachs.
HSBC Securities (USA)
Morgan Stanley

Capital Markets

January 2024

USD$900 million

Pablo Perezalonso Eguía

Eric Silberstein Lerner

Juan Carlos Pérez Rocha Caudillo

Ernesto Talamás Velázquez

We represented Corporación Inmobiliaria Vesta, in an underwritten public offering of 4,250,000 American Depositary Shares (ADSs), representing 42,500,000 of its common shares, for an amount of USD$148.7 million.

Corporación Inmobiliaria Vesta

Capital Markets

December 2023

USD$148.7 million

Luis A. Nicolau Gutiérrez

Gerardo Barbará González

María Fernanda Ibargüengoitia Lira

Paola Igartúa Vergara

We represented Fondo Nacional de Infraestructura (FONADIN), in the issuance of debt bonds (certificados bursátiles fiduciarios) guaranteed by the Mexican federal government, pursuant to a structure of interconnected vessels identified as "FONADIN 23U", "FONADIN 23-2U" and "FONADIN 22-U", for a total amount of 1,361,776,500 UDIs (Investment Units), equivalent to MXN$10,777 million. The intermediaries and placement agents involved in this process include Casa de Bolsa BBVA México, HSBC Casa de Bolsa, Intercam Casa de Bolsa, and Scotiabank Inverlat Casa de Bolsa.

Fondo Nacional de Infraestructura (FONADIN)

Capital Markets

November 2023

MXN$10,777 million

Luis A. Nicolau Gutiérrez

Alonso Montes de Oca Márquez

Juan Carlos Rodríguez Hernández

Ernesto Talamás Velázquez

We represented BBVA, BofA Securities, Citigroup, Morgan Stanley and Rabo Securities, in connection with (i) the offering by Bimbo Bakeries USA of USD$450 million of its 6.050% Senior Notes due 2029 and USD$550 at a rate of 6.400% due 2034, and (ii) Grupo Bimbo's cash tender offer for any and all of its outstanding 3.875% Senior Notes due 2024.

BBVA Securities, Inc.
BofA Securities, Inc.
Citigroup Global Markets Inc,
Morgan Stanley & Co. LLC
Rabo Securities USA, Inc.

Capital Markets

November 2023

USD$1,000 million

Jean Paul Farah Chajín

Gerardo Barbará González

Diego Rodríguez Rodríguez

Ernesto Talamás Velázquez

We represented Mexico Infrastructure Partners (FIECK), in the establishment of a private equity fund of over USD$2,420 million, focused on investing in energy projects in Mexico, through a public offer of Series A-1 and Series A-2 certificados bursátiles fiduciarios de desarrollo (CKDs), with a mechanism to convert the Serie A-2 CKDs to Series A-3 CKDs upon their transfer after initial issuance.

México Infrastructure Partners FF

Capital Markets

October 2023

USD$2,420 million

Gabriel del Valle Mendiola

Ada Paulina Castillo Rodríguez

Juan Carlos Rodríguez Hernández

Emilio Yrizar Llaca

We represented the Central American Bank for Economic Integration, in connection with the reopening of issuances 132 and 133 of medium-term floating rate notes and medium-term fixed rate notes, respectively, with the ticker symbols "CABEI 1-23S" and "CABEI 2-23S" for MXN$5,000 million, issued under foreign law, based on the program authorized for up to USD$10,000 million.

Banco Centroamericano de Integración Económica

Capital Markets

September 2023

MXN$5,000 million

Pablo Perezalonso Eguía

Eric Silberstein Lerner

Ada Paulina Castillo Rodríguez

Capital Markets transactions

CLIENT:

PRACTICE AREA:

CLOSING DATE:

VALUE:

LEADER (S):

PROFESSIONALS:

OTHER FIRMS:

CLIENT:

PRACTICE AREA:

CLOSING DATE:

VALUE:

LEADER (S):

PROFESSIONALS:

OTHER FIRMS:

CLIENT:

PRACTICE AREA:

CLOSING DATE:

VALUE:

LEADER (S):

PROFESSIONALS:

OTHER FIRMS:

CLIENT:

PRACTICE AREA:

CLOSING DATE:

VALUE:

LEADER (S):

PROFESSIONALS:

OTHER FIRMS:

CLIENT:

PRACTICE AREA:

CLOSING DATE:

VALUE:

LEADER (S):

PROFESSIONALS:

OTHER FIRMS:

CLIENT:

PRACTICE AREA:

CLOSING DATE:

VALUE:

LEADER (S):

PROFESSIONALS:

OTHER FIRMS:

CLIENT:

PRACTICE AREA:

CLOSING DATE:

VALUE:

LEADER (S):

PROFESSIONALS:

OTHER FIRMS:

CLIENT:

PRACTICE AREA:

CLOSING DATE:

VALUE:

LEADER (S):

PROFESSIONALS:

OTHER FIRMS:

NEWSLETTER SUBSCRIPTION