Cleary Gottlieb advised initial purchasers of $500 million bond offering by Axtel

Cleary Gottlieb acted for BBVA, Citigroup, JP Morgan and Santander as initial purchasers in a global bond offering by Axtel of its $500 million 6.375% senior notes due 2024. 

Axtel is a Mexican  information and communications technology services company.

The offering was conducted as a private placement in the United States under Rule 144A and an offshore offering in reliance on Regulation S.

Partner Jorge Juantorena led the Cleary team advising the banks.

Ignacio Abella