Kuri Breña steers Consubanco notes issuance
Mexican law firm Kuri Breña Sánchez Ugarte y Aznar has acted for Consubanco on a notes issuance
The issuance totalled 1 billion pesos ($47.5 million) and is part of a five-year, 7.5-billion-peso program, for which Kuri Breña also acted as legal counsel. The notes were issued on Mexico’s new stock exchange, the Bolsa Institucional de Valores.
The issuance was rated ‘A-‘ by Fitch and ‘A’ by HR Ratings.
Bursamétrica acted as placement agent and Monex acted as common representative of the noteholders.
Kuri Breña’s team comprised partners Daniel Kuri Breña (pictured) and Alvaro Sarmiento Lapiedra (also pictured), with senior associate José Alejandro Casas Farías.
