Return

Capital Markets transactions


We represented Fomento Económico Mexicano (FEMSA), in connection with the partial divestment of its stake in Heineken in its offering of EUR€500 million of its 2.625% Senior Unsecured Exchangeable Bonds due 2026, exchangeable for up to 5,228,758 shares of Heineken.

CLIENT:

Fomento Económico Mexicano (FEMSA)

PRACTICE AREA:

Capital Markets

CLOSING DATE:

February 2023

VALUE:

EUR€500 million

OTHER FIRMS:

Cleary Gottlieb Steen & Hamilton LLP (London and NY offices) - counsel to FEMSA Linklaters LLP (London) - counsel to banks NautaDutilh (Amsterdam) - counsel to FEMSA Skadden Arps - counsel to Bank of America

Abajo Arriba

We represented Barclays, J.P. Morgan, Mizuho, BBVA, Santander, Scotia Capital and SMBC Nikko, in connection with the offering and sale by Petróleos Mexicanos of its USD$2,000 million 10.000% Notes due 2033.

CLIENT:

Barclays
J.P. Morgan
Mizuho Securites
BBVA
Santander US
Scotia Capital
SMBC Nikko

PRACTICE AREA:

Capital Markets

CLOSING DATE:

February 2023

VALUE:

USD$2,000 million

OTHER FIRMS:

Shearman & Sterling - US Counsel to the Banks Cleary Gottlieb - US Counsel to PEMEX.

Abajo Arriba

We represented Origin Patrimonial, in the acquisition of the totality of the beneficiary rights of the Irrevocable Administration Trust identified with number 744641 (the "Founders' Trust"), founder trust of Fibra Inn (BMV: FINN13), as well as in the substitution of the members of the Technical Committee, including its chairman, and of the Investment Committee, as appointed by the Founders' Trust of Fibra Inn.

CLIENT:

Origin Patrimonial

PRACTICE AREA:

Mergers and Acquisitions

Capital Markets

CLOSING DATE:

February 2023

VALUE:

ND

Abajo Arriba

We represented BBVA, BNP Paribas, BofA, and J.P. Morgan, as underwriters, in connection with the offering by the United Mexican States of USD$1,250 million of its 5.40% Global Notes due 2028 and of USD$2,750 million of its 6.350% Global Notes due 2035.

CLIENT:

BBVA
BNP Paribas
BofA
J.P. Morgan

PRACTICE AREA:

Capital Markets

CLOSING DATE:

January 2023

VALUE:

USD$4,000 million

OTHER FIRMS:

Cleary Gottlieb - Counsel to UMS Sullivan & Cromwell - US Counsel to the underwriters

Abajo Arriba

We represented Citibanamex Casa de Bolsa and Casa de Bolsa BBVA México, in connection with the voluntary tender offer for an aggregate amount of MXN$7,071 million with respect to all of the outstanding Series "B" Class I ordinary shares, nominative and without par value, corresponding to approximately 27% of Industrias Bachoco's outstanding capital stock.

CLIENT:

Citibanamex Casa de Bolsa
Casa de Bolsa BBVA México

PRACTICE AREA:

Capital Markets

CLOSING DATE:

November 2022

VALUE:

MXN$7,071 million

OTHER FIRMS:

Shearman & Sterling LLP - U.S. Legal Counsel of Edificio del Noroeste, S.A. de C.V., as offeror Simpson Thacher & Bartlett, LLP, - U.S. Legal Assessor of Citibank, N.A., as tender agent; Robles Miaja Abogados, S.C. - Mexican Legal Counsel of Edificio del Noroeste, S.A. de C.V., as offeror

Abajo Arriba

We represented the Central American Bank for Economic Integration, in connection with the issuance of MXN$3,000 million Medium-Term Floating Rate Notes issued under foreign legislation, pursuant to an authorized program for an aggregate amount of up to USD$8,000 million.

CLIENT:

Banco Centroamericano de Integración Económica (CABEI)

PRACTICE AREA:

Capital Markets

CLOSING DATE:

October 2022

VALUE:

MXN$3,000 million

OTHER FIRMS:

Shearman & Sterling- advised CABEI as to NY Law Matters

Abajo Arriba

We represented Gruma, in the establishment of a dual program of short-term and long-term revolving debt bonds (certificados bursátiles) for a total amount of up to MXN$10,000 million and the first issuance under such program for an amount of MXN$4,500 million maturing on October 7, 2027, with Banorte, BBVA and Scotiabank acting as underwriters. 

CLIENT:

Gruma

PRACTICE AREA:

Capital Markets

CLOSING DATE:

October 2022

VALUE:

MXN$14,500 million

Abajo Arriba

We represented Citigroup Global Markets and other financial institutions, as agents, in connection with the issuance of additional CBFIs by FIBRA Prologis, pursuant to a preferential rights private offering, for a total amount of MXN$7,955 million.

CLIENT:

Citigroup Global Markets

PRACTICE AREA:

Capital Markets

CLOSING DATE:

October 2022

VALUE:

MXN$7,955 million

OTHER FIRMS:

Creel, García-Cuéllar, Aíza y Enríquez, S.C. - mexican counsel to the issuer Simpson Thacher & Bartlett LLP - NY counsel to the issuer Shearman & Sterling LLP - NY counsel to Citigroup

Abajo Arriba

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