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Capital Markets News

2021


31

May 31, 2021

Capital Markets
Tax

Vesta issues bonds to develop sustainable industrial warehouses in Mexico

Ritch Mueller represented Corporación Inmobiliaria Vesta, in connection with its offering of USD$350 million aggregate principal amount of its 3.625% Senior Notes due 2031. Read note (only available in Spanish)...

27

May 27, 2021

Capital Markets

Orbia makes first sustainable bond issuance in Mexico

Ritch Mueller represented Orbia Advance Corporation, in connection with the issuance of USD$600 million of its 1.875% Senior Notes due 2026, and the issuance of USD$500 million of its 2.875% Senior Notes due 2031. Read note Other media Latin Lawyer (subscription site)...

26

May 26, 2021

Capital Markets

Mexico places bonds for USD$ 2.5 billion in the international market

Ritch Mueller represented BBVA Securities, Bofa Securities, Credit Suisse Securities (USA) and J.P. Morgan Securities, as underwriters, in connection with the offering by the United Mexican States of USD$3,256 million of its 4.280% Global Notes due 2041. Read note...

17

May 17, 2021

Capital Markets
Tax

Mexico’s Vesta makes US$200 million shares issuance

Ritch Mueller represented Corporación Inmobiliaria Vesta (Vesta), in connection with its offering of 101,982,052 shares of common stock for a total amount of approximately USD$200 million, consisting of an offering of 23,065,218 shares to the general public in Mexico and an international...

13

May 13, 2021

Capital Markets

FEMSA issues the largest sustainability-related bond in Latin America

Ritch Mueller represented HSBC Bank, J.P. Morgan Securities, and Merrill Lynch International, as underwriters, in connection with offering by Fomento Económico Mexicano of EUR€700 million of its 0.500% Senior Notes due 2028 and of EUR€500 million of its 1.000% Senior Notes due...

06

May 06, 2021

Capital Markets

Metalsa commits to the environment with sustainable issuance

Ritch Mueller represented Citigroup Global Markets and Bofa Securities, as initial purchasers, in connection with the issuance by Metalsa of USD$300 million of its 3.750% Senior Notes due 2031, and its concurrent tender offer of its outstanding 4.900% notes due 2023. Read note (only...

21

April 21, 2021

Ritch Mueller

Newsflash - Congress approves new rules on Outsourcing and Insourcing

On April 13, 2021 and April 20, 2021, the Chamber of Representatives (Cámara de Diputados) and the Chamber of Senators (Cámara de Senadores), respectively, approved, with some amendments, the initiative submitted by the President of Mexico on November 12, 2020 (the...

14

April 14, 2021

Capital Markets

GF Mega launches a reopening of an international issuance to finance general corporate purposes

Ritch Mueller represented Barclays, Goldman Sachs and Morgan Stanley, in connection with the offering and sale by Operadora de Servicios Mega of USD$150 million aggregate principal amount of its 8.250% Senior Notes due 2025, representing securities incremental to its outstanding USD$350 million...

04

March 04, 2021

Capital Markets

Mexican petrochemical company Alpek repurchases bonds due 2022

Ritch Mueller represented BofA Securities, Citigroup Global Markets and J.P. Morgan Securities, in connection with the offering by Alpek of USD$600 million of its 3.250% Senior Notes due 2031, and its concurrent cash tender offer of its outstanding 4.500% notes due 2022. Read...

05

February 05, 2021

Capital Markets

Mexico sets a milestone by offering bonds in Taiwan's Formosa market

Ritch Mueller represented Deutsche Bank, Taipei Branch, Goldman Sachs (Asia), Taipei Branch, HSBC Bank (Taiwan) and Morgan Stanley Taiwan, in connection with the issuance by the United Mexican States of its 3.750% Senior Notes due 2071, for an aggregate amount of USD$3,000 million. Read...

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