Tags : Manuel Silva

Banking & Finance Capital Markets

Cleary counsels CFE on $1.1bn buyout offer

Cleary Gottlieb has counselled Comisión Federal de Electricidad (CFE), Mexico’s state-owned electricity company, on its inaugural offer to purchase six series of its outstanding debt securities for cash. The offer was launched on 19 May and included a maximum aggregate consideration condition, subject to a $1 billion cap on the total amount of cash sufficient […]

Capital Markets

Cleary counsels Pemex on liability management for $2bn  

Cleary Gottlieb has advised Petróleos Mexicanos (Pemex) on a $2 billion USD liability management transaction whereby certain suppliers were able to exchange outstanding invoices due from Pemex and its subsidiaries for 8.750% negotiable notes due 2029 issued by Pemex. The purpose of the transaction was to provide liquidity to the suppliers, as well as to […]