Jones Day instructed on a $2 billion offering by Mexico City Airport

Jones Day advised the Mexico City Airport on Mexican law matters on the executing an initial two tranche 10 and 30 year 144A/Reg-S bonds offering for $2 billion. 

Citigroup, HSBC and JP Morgan acted as global coordinators, and BBVA and Banco Santander were joint book runners. Grupo Aeroportuario de la Ciudad de Mexico manages the construction, administration, operation, and exploitation of the Mexico City international airport.

Jones Day has previously advised Grupo Aeroportuario in the execution of its financing plan, including a $1 billion credit facility in 2014, the conversion of the credit facility to a $3 billion revolving credit facility in 2015, and this public offering in 2016.

Partner Alberto de la Parra led the Jones Day team advising the airport group. Lawyers in Jones Day’s Singapore office acted as listing agent for this transaction.

Citigroup, HSBC and JP Morgan retained a team at Paul Hastings for US law matter. Partners Michael Fitzgerald and Joy Galllup fronted the group at Paul Hastings.

The banks also instructed Galicia Abogados as Mexican counsel.

Cleary Gottlieb advised the airport on New York law matters. Cleary´s team included partners Jorge Juantorena and Chantal Kordula.