Cleary advises Goldman Sachs and HSBC on Mega tender offer
Cleary Gottlieb has advised Goldman Sachs & Co. and HSBC (Securities) Inc. as dealer managers in a tender offer by Operadora de Servicios Mega (Mega) to purchase for cash up to $100,000,000 aggregate principal amount of its outstanding 8.250% Senior Notes due 2025.
The offer was launched on 1 December 2022 and early tenders were settled on 16 December 2022. The offer will expire on 29 December 2022.
Mega is a Mexican leasing company based in Guadalajara, Jalisco, with more than 15 years of operating experience specialising in three main lines of business: leasing, credit and automotive lending. It specialises in serving small and medium-sized businesses in Mexico, which are largely underserved by traditional banking institutions.
Cleary’s team included partner Jorge Juantorena (pictured) and associate Carla Martini, regarding corporate matters. Counsel Matthew Brigham and associate Eugene Wei-En Woo provided tax advice.