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.
