News
2021
13
May 13, 2021
Capital Markets
FEMSA issues the largest sustainability-related bond in Latin America
Ritch Mueller represented HSBC Bank, J.P. Morgan Securities, and Merrill Lynch International, as underwriters, in connection with offering by Fomento Económico Mexicano of EUR€700 million of its 0.500% Senior Notes due 2028 and of EUR€500 million of its 1.000% Senior Notes due...
06
May 06, 2021
Capital Markets
Metalsa commits to the environment with sustainable issuance
Ritch Mueller represented Citigroup Global Markets and Bofa Securities, as initial purchasers, in connection with the issuance by Metalsa of USD$300 million of its 3.750% Senior Notes due 2031, and its concurrent tender offer of its outstanding 4.900% notes due 2023. Read note (only...
04
May 04, 2021
Energy and Infrastructure Projects
Newsflash - The President of Mexico enacts amendments to the Hydrocarbons Law
On March 26, 2021, the President of Mexico submitted an initiative (the “Initiative”) to the Mexican Congress, in order to amend the Hydrocarbons Law (“HL"). As discussed with more detail in our March 29th Newsflash, the Initiative sought to: (i) require permit holders to...
21
April 21, 2021
Banking and Finance
AT&T Mexico obtains a syndicated loan for USD$679 million
Ritch Mueller represented Banco Nacional de México, as administrative agent, in the negotiation and execution of the Amended and Restated Credit Agreement dated March 12, 2021, entered into by AT&T Comunicaciones Digitales, as borrower, guaranteed by AT&T Telecom Holdings and...
21
April 21, 2021
Ritch Mueller
Newsflash - Congress approves new rules on Outsourcing and Insourcing
On April 13, 2021 and April 20, 2021, the Chamber of Representatives (Cámara de Diputados) and the Chamber of Senators (Cámara de Senadores), respectively, approved, with some amendments, the initiative submitted by the President of Mexico on November 12, 2020 (the...
14
April 14, 2021
Capital Markets
GF Mega launches a reopening of an international issuance to finance general corporate purposes
Ritch Mueller represented Barclays, Goldman Sachs and Morgan Stanley, in connection with the offering and sale by Operadora de Servicios Mega of USD$150 million aggregate principal amount of its 8.250% Senior Notes due 2025, representing securities incremental to its outstanding USD$350 million...
29
March 29, 2021
Energy and Infrastructure Projects
Newsflash - The President of Mexico submits to Congress an initiative to amend the Hydrocarbons Law
On March 26, 2021, the President of Mexico submitted to the Chamber of Representatives (Cámara de Diputados) of the Mexican Congress an initiative (the “Initiative”) to amend the Hydrocarbons Law (“HL"). Before it may become effective, the Initiative would need to be...
26
March 26, 2021
Real Estate
Finsa buys two industrial parks from Prologis
Ritch Mueller represented Prologis (Fibra Prologis), in the sale of a portfolio of industrial properties to FINSA, located in El Salto, Jalisco. Read note (only available in Spanish)...
10
March 10, 2021
Energy and Infrastructure Projects
Newsflash - Amendments to the Electric Industry Law are enacted
On March 9, 2021, a decree amending and adding several provisions of the Electric Industry Law (“LIE”) was published in the Federal Official Gazette (the “Decree”). The Decree becomes effective the day after its publication. The terms of the Decree are essentially...
05
March 05, 2021
Pro Bono
Ritch Mueller is recognized as "Pro Bono Leading Lights 2020"
Latin Lawyer and The Cyrus R. Vance Center recently recognized law firms "making a noteworthy contribution to strengthening Latin America’s pro bono culture". Ritch Mueller was once again recognized as "Pro Bono Leading Lights" in Mexico. Click HERE to learn more about the...
