Mijares guides $1 billion notes issuance for Minera México
Mijares, Angoitia, Cortés y Fuentes (MACF) has advised the initial purchasers in Minera México’s $1 billion senior notes offering. The firm counseled BofA Securities, Barclays Capital, Morgan Stanley & Co and Santander US Capital Markets in connection with the issuance of Minera México at 5.625% senior notes due 2032.
The transaction, which closed on February 12, 2025, was carried out through a private offer under Rule 144A and Regulation S of the U.S. Securities Act of 1933. Minera México, a subsidiary of Southern Copper Corporation, is one of the largest companies in Mexico in terms of mineral reserves and production.
This cross-border deal involved jurisdictions from the United States and Mexico, highlighting the complexity and international scope of the transaction. The issuance strengthens Minera México’s position in the global mining sector and demonstrates continued investor confidence in the company.
MACF’s team was led by partners Francisco Glennie Quirós (pictured left) and Patrick Meshoulam Aguila (pictured right), with support from associates Natalia Rodríguez Pastrana and Jimena Domínguez Bernal, and law clerk Eugenio Arañó Torres. Other law firms involved in the transaction included Galicia Abogados, Davis Polk & Wardwell, and Skadden, Arps, Slate, Meagher & Flom.
