News
2020
09
November 09, 2020
Tax
Newsflash - 2021 Tax Reforms and Pending Items of 2020 Tax Reform
2021 Tax Reform On November 5, the Congress approved the 2021 tax reform, including the decree with amendments to various provisions of the Mexican Income Tax Law, the Value Added Tax Law and the Federal Fiscal Code (“FFC”), presented to the Congress on September 8, 2020 by the...
04
November 04, 2020
Tax
Newsflash - Application of the new interest deductibility limitation
Pursuant to the new limitation included in section XXXII of article 28 of the Mexican Income Tax Law with respect to interest deductibility, the “net interest” of the fiscal year that exceeds the amount obtained by multiplying the “adjusted tax profit” by a 30%, shall be...
23
October 23, 2020
Capital Markets
Mexican miner Fresnillo places 850 million dollars
Ritch Mueller represented Fresnillo, in connection with its offering of USD$850 million of its 4.250% Senior Notes due 2050, and its concurrent cash tender offer of its outstanding 5.500% Senior Notes due 2023. Read news (only available in Spanish)...
02
October 02, 2020
Energy and Infrastructure Projects
Ritch Mueller is recognized by LatinFinance as "Infrastructure Law Firm of the Year in Mexico"
On September 30, 2020 LatinFinance announced the winners of the Project & Infrastructure Finance Awards 2020, recognizing Ritch Mueller as "Infrastructure Law Firm of the Year in Mexico". LatinFinance also recognized CA-KU-A Gas Compression Project as "Infrastructure Financing...
01
October 01, 2020
Ritch Mueller
Ritch Mueller - New Partners' Announcement 2021
We are pleased to inform you that as of January 1, 2021, Alejandra Echeverria Gonzalez and Gabriel Robles Beistegui will become partners of the firm. Read announcement...
15
September 15, 2020
Capital Markets
Cleary, Sullivan and Ritch Mueller in Mexico's $885 million "green bond" issuance
Ritch Mueller represented BNP Paribas, Crédit Agricole, Morgan Stanley and Natixis Securities Americas, in connection with the offering by the United Mexican States of EUR€750 million of its 1.350% Global Notes due 2027. Read note (only available in Spanish) Other media...
09
September 09, 2020
Tax
Newsfash - 2021 Economic Plan – tax reforms
On September 8th, the Mexican Secretary of Finance submitted the 2021 economic plan before the House of Representatives. Among other documents, the economic plan includes the 2021 Federal Revenue Act project and a project of decree that reforms, enacts and repeals several provisions of the Mexican...
19
August 19, 2020
Capital Markets
Banorte’s $500 Million Notes Offering
Ritch Mueller represented Goldman Sachs, BofA Securities, Credit Suisse Securities (USA) and MUFG Securities, in connection with the offering by Banco Mercantil del Norte (Banorte) of US$500 million of its 8.375% Perpetual 10-Year Callable Subordinated Non-Preferred Non-Cumulative Tier 1 Capital...
08
August 08, 2020
Mergers and Acquisitions
Discovery Americas’ Investment in Aerotransportes Mas de Carga
Ritch Mueller represented Discovery Americas, in its follow on investment in Aerotransportes Mas de Carga. Read note (only available in Spanish)...
04
August 04, 2020
Capital Markets
Industrias Peñoles’ $600 Million Bond Offering
Ritch Mueller represented Industrias Peñoles, in connection with its offering of USD$500 million of its 4.750% Senior Notes due 2050, and of USD$100 million reopening of its 4.150% Senior Notes due 2029. Read note (subscription site) Other media LexLatin (only available in...
