Capital Markets

Our firm’s securities practice is unparalleled amongst other Mexican law firms. We constantly represent international and local broker dealers and investment banks as well as issuers in private and public offerings of debt and equity securities by Mexican issuers in the international markets.

Our firm has a strong domestic securities practice, having participated in the development of the local market. Our domestic expertise covers equity, debt and structured securities offerings, including asset-backed securities (involving all asset classes, such as toll road receivables, auto loans, credit card receivables, commercial real estate and residential mortgages), CKDs, CERPIs, FIBRAS-E (MLPs), real estate FIBRAS (REITs) and bank capitalization notes.

Our firm also specializes in the establishment and operation of investment funds, as well as in the registration of non-Mexican issuers in the Mexican market and has advised non-Mexican issuers in respect of the offering of non-Mexican securities in Mexico (including through employee stock offerings).

Related professionals


Featured transactions


We 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.

CLIENT:

Citigroup Global Markets
BofA Securities

PRACTICE AREA:

Capital Markets

CLOSING DATE:

May 2021

VALUE:

USD$300 million

OTHER FIRMS:

Cleary Gottlieb Steen & Hamilton LLP, acting as legal advisors for the Initial Purchasers - Paul Hastings LLP, acting as legal advisors to the Issuer - González Calvillo, S.C., acting as foreign legal advisors to the Issuer.


We 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 offering of 79,916,834 shares outside of Mexico. The shares trade on the Mexican Stock Exchange.

CLIENT:

Corporación Inmobiliaria Vesta

PRACTICE AREA:

Capital Markets

Tax

CLOSING DATE:

April 2021

VALUE:

USD$200 million

OTHER FIRMS:

Davis Polk & Wardell as U.S. counsel to Corporación Inmobiliaria Vesta. Creel, García-Cuéllar, Aiza y Enríquez, as Mexican counsel to the Initial Purchasers Simpson Thacher & Bartlett, as U.S. counsel to the Initial Purchasers


We 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 aggregate principal amount of its 8.250% Senior Notes due 2025.

CLIENT:

Barclays Capital
Goldman Sachs
Morgan Stanley

PRACTICE AREA:

Capital Markets

CLOSING DATE:

March 2021

VALUE:

USD$150 million

OTHER FIRMS:

Mijares Angoitia Cortes & Fuentes, S.C., as Issuer´s Local Counsel. Paul Hastings LLP, as Issuer’s International Counsel. Deloitte, as Auditors.


We advised Industrial and Commercial Bank of China México (ICBC), in connection with the issuance of Perpetual Subordinated Preferred Capital Notes, not convertible into shares of the capital of ICBC (the Subordinated Debentures) in Dollars, for a total amount of USD$30 million through the private placement of the Subordinated Debentures.

CLIENT:

Industrial and Commercial Bank of China México

PRACTICE AREA:

Capital Markets

CLOSING DATE:

March 2021

VALUE:

USD$30,000 million


Related Awards


Pro Bono Leading Lights

Latin Lawwer and The Vance Center

Law Firm of the Year in Mexico

LatinFinance

Quasi-Sovereign Bond of the Year: Pemex

LatinFinance

Top Tier Firm

Legal 500

Top Ranked Firm

Chambers Latam

Featured news


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...

05

March 05, 2021

Ritch Mueller

Ritch Mueller is recognized as "Pro Bono Leading Lights 2020"

Latin Lawyer and The Cyrus R. Vance Center recently recognized law firms "making a noteworthy contribution to strengthening Latin America’s pro bono culture".  Ritch Mueller was once again recognized as "Pro Bono Leading Lights" in Mexico.  Click HERE to learn more about the...

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 milli...

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