GT Law Represents VWL in Notes issuance
Greenberg Traurig, through its Mexico City office, has represented Volkswagen Leasing (VWL) in a USD 200 million two-tranche note issuance.
These notes are guaranteed by Volkswagen Financial Services Overseas AG, marking VWL’s largest issuance in Mexico in the last 15 years.
Casa de Bolsa BBVA Mexico, Grupo Financiero BBVA Mexico, HSBC Casa de Bolsa, Grupo Financiero HSBC and Casa de Bolsa Santander, Grupo Financiero Santander Mexico, acted as underwriters and CIBANCO as common representative.
Volkswagen Leasing is recognised as the leading automotive finance company in the Mexican market, with the largest volume issued to date.
GT Law’s team was led by shareholder David Argueta (pictured), with key contributions from associate Andrés Gallastegui.