Latham & Watkins instructed on Latin America´s largest equity offering of 2016

Latham & Watkins advised Infraestructura Energética Nova (IEnova) on its $1.6 billion follow-on equity offering, the largest equity offering in Latin America in 2016 so far.

IEnova is the Mexican subsidiary of Sempra Energy and will use the proceeds to fund the purchase of Pemex´s stake in Gasoductos de Chihuahua and the acquisition of the Ventika wind generation facilities, Mexico’s largest wind farm.

The offering, priced at 80.00 pesos per share or approximately US$4.22 per share, included an international private offering and a concurrent public offering through the Mexican Stock Exchange.

IEnova is a long standing client of the firm, the company retained Latham on its 598 million IPO in 2013, the first public offering in Mexico and listing on the Mexican Stock Exchange by an energy company.

Partners Roderick Branch and Michael Sullivan led the Latham team advising IEnova on both the 2016 follow-on equity offering and 2013 IPO. 

Latham & Watkins instructed on Latin America´s largest equity offering of 2016

Ignacio Abella

thelatinamericanlawyer.com

The Latin American Lawyer is a bimonthly digital magazine, published by Iberian Legal Group, available in Spanish and Brazilian Portuguese. It represents the main source of information in the legal business sector in America Latina. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website www.lcpublishinggroup.com

Iberian Legal Group
Registered office: C/ Manuel Silvela, 8 - Oficinas 1 Dcha 28010 Madrid España

Copyright 2022 © All rights Reserved. Design by Origami Creative Studio

SHARE

Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram