Cleary Gottlieb has represented Petróleos Mexicanos (Pemex), the Mexican state-owned oil company, and its subsidiary P.M.I. Trading Designated Activity Company (PMI), in an $8. 3 billion refinancing of their existing bank debt. The refinancing
Tags :Manuel Silva
Cleary Gottlieb has counselled Fomento Económico Mexicano (FEMSA) in an abbreviated five-day cash tender offer for any and all of its outstanding U.S. dollar 4.375% senior notes due 2043. The tender offer was launched on 31
Cleary Gottlieb has counselled BBVA, BofA Securities, Citigroup, Morgan Stanley and Rabo Securities, as initial purchasers, in a global bond offering of Bimbo Bakeries USA’s USD 450 million 6.050% senior notes due 2029 and its USD 550 million 6.400%
Cleary Gottlieb acted as legal counsel to the lenders in the refinancing of CEMEX’s existing term loan facilities and the extension of revolving commitments. The refinancing transaction consisted of an amended and restated USD $3
Cleary Gottlieb has represented Vitro and its Mexican and U.S. subsidiaries in a $490 million term loan with Banco Mercantil del Norte, Grupo Financiero Banorte, BBVA Mexico, Grupo Financiero BBVA Mexico, and The Bank of
Simpson Thacher advised the Republic of Guatemala in connection with the issuance and sale of US$565 million of its 7.050% Notes due 2032. Santander US Capital Markets acted as initial purchaser, advised by Cleary Gottlieb. The proceeds
Cleary Gottlieb has represented Grupo Popular, a Dominican Republic financial company, in its acquisition of GCS International. The transaction was signed on 3 August 2023 and closed on 1 September 2023. By combining Grupo Popular’s existing synergies with
Cleary Gottlieb has assisted the initial purchasers J.P. Morgan, Bank of America and BTG Pactual in the P4.9 billion follow-on offering for Grupo Traxion. The transaction consisted of an international offering of common stock
Cleary Gottlieb has counselled HSBC (Securities) Inc. and Santander US Capital Markets as dealer managers in the cash tender offers for five series of notes of Grupo Televisa (Televisa). The offers consisted of (i) an
Cleary Gottlieb advised Bank of America, N.A. as lender in Grupo Bimbo’s $125 million sustainability-linked revolving credit facility. The sustainability-linked features of the facility incentivize the borrower to meet specific environmental sustainability targets in
