Ritch Mueller advises Gruma in $800m offering
Ritch Mueller has advised Gruma in connection with its offering of USD $800m of 5.390% senior notes due 2034 and 5.761% senior notes due 2054 issued under foreign law.
The issuance was completed on 9 December and involved the jurisdictions of Mexico and the US (New York). Creel Garcia Cuellar Aiza y Enriquez acted as counsel to the initial purchasers in Mexico, while Davis Polk advised the initial purchasers in the US and Baker McKenzie advised Gruma in the US.
Ritch Mueller’s team was led by partners Gabriel Robles Beistegui (pictured left) and Santiago Llano Zapatero (pictured right), with support from lawyers Alonso Montes de Oca Márquez, Ana Gabriela Ríos Sánchez, Ana María Guerrero Rivera, Ernesto Talamás Velázquez and Samantha Oseguera Labastida.