News
2019
10
September 10, 2019
Capital Markets
O'Donnell raises funds to invest in industrial real estate assets in Mexico
Ritch Mueller represented O’Donnell Capital Management, in connection with the reopening of the initial issuance of certificados bursátiles fiduciarios de desarrollo (CKDs) for a maximum amount of MXN$2,900 million. Read note (only available in Spanish) Other media...
09
September 09, 2019
Tax
Newsflash - 2020 Economic Plan Proposal
Yesterday, the Mexican Secretary of Treasury submitted the 2020 economic plan proposal before the house of representatives. Among other documents, the economic plan includes the 2020 Federal Revenue Act project and a project that reforms, enacts and repeals several provisions of the Mexican Income...
09
September 09, 2019
Mergers and Acquisitions
Fondo Ainda acquires part of an important commercial corridor in northern Mexico
Ritch Mueller represented Ainda, Energía & Infraestructura, in connection with an equity investment in Concesionaria Monterrey Nuevo Laredo, a subsidiary of Promotor y Operadora de Infraestructura, that is the concessionaire of La Gloria San Fernando section of the Monterrey –...
03
September 03, 2019
Mergers and Acquisitions
Caisse de Dépôt et Placement du Québec's Acquisition of 24% Stake in Invekra
Ritch Mueller represented Laboratorios Sanfer (Invekra) and its shareholders (including General Atlantic), in connection with the context of a primary and secondary sale of shares, subscribed and paid for by CDPQ, evidencing approximately 24% of the capital stock of Invekra. Read note Other media...
26
August 26, 2019
Banking and Finance
Mexichem's $1.5 Billion Revolving Credit Facility
Ritch Mueller represented MUFG Bank, in an unsecured revolving credit agreement of USD$1,500 million to Mexichem. Read note Other media Abogados.com.ar (only available in Spanish)...
19
August 19, 2019
Mergers and Acquisitions
CFS Brands Acquires Cepillos El Castor
Ritch Mueller advised CFS Brands in its acquisition of 100% of the capital stock of Cepillos El Castor. Read press release...
15
August 15, 2019
Banking and Finance
Pemex’s $5.5 Billion Corporate Refinancing and $2.6 Billion Term Loan
Ritch Mueller represented the banks in the negotiations of the credit facilities and their execution, from a Mexican Law perspective, in the refinancing of PEMEX's (Petróleos Mexicanos) debt through a USD $5.5 billion revolving credit facility agreement and a USD$2.5 billion term loan...
15
August 15, 2019
Capital Markets
Mexico’s $3.56 Billion Offering and $2.5 Billion Tender Offer
Ritch Mueller acted as a special Mexican counsel to BBVA Securities, Credit Suisse Securities (USA) and Goldman Sachs, in connection with the offering by the United Mexican States of USD$1,455 million of its 4.500% Global Notes due 2029 and of USD$2,103 million of its 4.500% Global Notes due 2050....
02
August 02, 2019
Compliance, Anti-corruption and Investigations
Newsflash - New Law of Asset Forfeiture generates new risk for companies
On July 25, 2019 the National Law of Asset Forfeiture was approved by Congress, and the State will now be able to forfeit assets from companies for several causes including corruption.It is of the utmost importance that companies update their compliance programs to address this...
31
July 31, 2019
Banking and Finance
Torex Gold Successfully Completes Amended Debt Facility
Ritch Mueller acted as Mexican counsel to BNP Paribas, in the implementation of secured credit lines of USD$335 million to Minera Medina Luna. Read note Other media Global Legal...
