Ritch Mueller represents underwriters in $8.5bn offering by Mexico
Ritch Mueller has represented the underwriters in connection with the offering by the United Mexican States (Mexico) of debt securities (Global Notes) for (i) USD$2bn at a rate of 6.000% due 2030, (ii) USD$4bn at a rate of 6.875% due 2037, and (iii) USD$2.5bn at a rate of 7.375% due 2055.
The transaction, closed on 13 January, had a total value of USD $8.5 billion and involved the jurisdictions of Mexico and the US (New York). Sullivan & Cromwell acted as advisor to the underwriters in the US, while Cleary Gottlieb advised Mexico.
BofA, Goldman Sachs, J.P. Morgan, Scotia Capital and SMBC Nikko acted as underwriters.
Ritch Mueller’s team comprised partner Luis A. Nicolau Gutiérrez (pictured), with support from lawyers Ernesto Talamás Velázquez, Juan Carlos Rodríguez Hernández and Juan Ignacio Cerdá Rebora.
