Capital Markets transactions

We represented Ainda, in securing coinvestment commitments, through the issuance of optional certificates and the structuring of a coinvestment vehicle for investors in its energy and infrastructure fund, for the acquisition of an additional 4.4% interest in the offshore block 1.2, contract area 2, owned by Hokchi Energy, which resulted in a total participation of 8% in such offshore block.

Ainda, Energía & Infraestructura

Energy and Infrastructure Projects

Capital Markets

August 2023

Gabriel del Valle Mendiola

Ada Paulina Castillo Rodríguez

We represented BBVA Securities, Citigroup Global Markets, Goldman Sachs, HSBC Securities (USA), J.P. Morgan Securities, Morgan Stanley, and Santander US Capital Markets, as underwriters, in the issuance and placement by América Móvil of MXN$17,000 million of its Senior Notes due 2031, under a Global Note Program in Mexico and the United States.

BBVA, Citigroup, Goldman Sachs, HSBC, J.P. Morgan, Morgan Stanley and Santander

Capital Markets

July 2023

MXN$17,000 million

Jean Paul Farah Chajín

Santiago Llano Zapatero

Juan Ignacio Cerdá Rebora

Ernesto Talamás Velázquez

Rodrigo Vázquez Sainz

We represented Corporación Inmobiliaria Vesta, in its initial public offering of 14,375,000 American Depositary Shares (ADSs) in the New York Stock Exchange (NYSE), representing 143,750,000 shares of its common stock, at a price of USD$31.00 per ADS, raising gross proceeds of approximately USD$445 million. The offering was conducted through an underwriting group led by Citigroup, BofA Securities, and Barclays, acting as joint global coordinators, Morgan Stanley and Scotiabank, acting as joint placement agents, and UBS Investment Bank, acting as underwriter.

Corporación Inmobiliaria Vesta

Capital Markets

July 2023

US$445.6 million

Luis A. Nicolau Gutiérrez

Oscar A. López Velarde

Gerardo Barbará González

Fernando Caballero Gout

María Fernanda Ibargüengoitia Lira

Juan Carlos Rodríguez Hernández

We represented BBVA Securities, Credit Agricole Securities, Goldman Sachs & Co., and J.P. Morgan Securities, in connection with the offering by BBVA México of US$1,000 million of its 8.450% Fixed Reset Subordinated Preferred Tier 2 Capital Notes due 2038, issued under foreign legislation pursuant to an authorized program for an aggregate amount of up to US$10,000 million.

BBVA México

Capital Markets

June 2023

USD$1,000 million

Pablo Perezalonso Eguía

Eric Silberstein Lerner

Ernesto Talamás Velázquez

We represented the Central American Bank for Economic Integration, in connection with the issuance of MXN$5,000 million Medium-Term Floating and Fixed Rate Notes issued under foreign legislation, pursuant to an authorized program for an aggregate amount of up to USD$10,000 million.

Banco Centroamericano de Integración Económica (CABEI)

Capital Markets

June 2023

MXN$5,000 million

Pablo Perezalonso Eguía

Eric Silberstein Lerner

Ada Paulina Castillo Rodríguez

We represented Citibanamex Casa de Bolsa, Scotia Inverlat Casa de Bolsa and Casa de Bolsa BBVA Mexico, as Lead Mexican Underwriters, in connection with FIBRA Prologis’ offering of 117,049,735 additional Real Estate Trust Certificates (CBFIs), for a total amount of MXN$6,906 million, consisting of an offering of 41,320,946 CBFIs to the general public in Mexico and an international offering of 75,728,789 CBFIs outside of Mexico. The CBFIs trade on the Mexican Stock Exchange.

Citibanamex Casa de Bolsa
Scotia Inverlat Casa de Bolsa
Casa de Bolsa BBVA Mexico

Capital Markets

May 2023

MXN$6,906 million

Gabriel Robles Beistegui

Luis Miguel Posadas Yáñez

We represented Citigroup, HSBC Securities, Mizuho Securities and Morgan Stanley, as underwriters, in connection with the offering by the United Mexican States of USD$2,941 million of its 6.338% Global Notes due 2053.

Citigroup Global Markets
HSBC Securities
Mizuho Securities
Morgan Stanley

Capital Markets

April 2023

Luis A. Nicolau Gutiérrez

We represented Mexico Infrastructure Partners (EXI), in the structuring of a new Fibra-E named Fibra Social (FSocial 23), as well as Fibra Social in the issuance of MXN $6,088 million CBFEs, placed in the Mexican Stock Exchange through an initial public offering and distribution to investors of EXI Funds.

Mexico Infrastructure Partners F2

Capital Markets

March 2023

MXN$6,088 million

Gabriel del Valle Mendiola

Gabriel Robles Beistegui

Darío Hernández Guzmán

Juan Carlos Rodríguez Hernández

Manola Giral Serra

Capital Markets transactions

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