News
2019
27
February 27, 2019
Capital Markets
Docuformas obtains consent to modify terms of senior notes due 2022
Ritch Mueller represented Morgan Santley, UBS Securities, Banco BTG Pactual S-Cayman Branch, in connection with the offer to purchase by Docuformas of its 9.250% notes due 2022 and the offering of USD$300 million of its 10.250% Senior Notes due on 2024. Read note (only available in Spanish)...
25
February 25, 2019
Banking and Finance
Inmobiliaria Canopo Xtra agrees credit facility with Banco Santander
Ritch Mueller represented Banco Santander, in a USD$80 million secured term credit facility to a trust incorporated and controlled by Inversiones Turísticas Cancún, in connection with the JW Marriott Cancun Resort & Spa.Read note (only available in Spanish)Other...
07
February 07, 2019
Capital Markets
Crédito Real offers USD 400 million Senior Notes
Ritch Mueller represented Barclays Capital, Citigroup Global Markets, Goldman Sachs and Morgan Stanley, in connection with the offering by Crédito Real of USD$400 million of its 9.500% Senior Notes due 2026.Read note (only available in Spanish)Other media Global Legal Chronicle...
31
January 31, 2019
Capital Markets
Mexico places global notes in international markets for USD 2,000 million
Ritch Mueller represented Barclays Capital, Merrill Lynch, Pierce, Fenner & Smith and Morgan Stanley, in connection with the offering by the United Mexican States of its USD$2,000 million 4.500% Global Notes due 2029.Read note (only available in Spanish)...
10
January 10, 2019
Tax
Newsflash - New tax incentives granted to promote the Mexican financial markets
As part of a multidisciplinary strategy of the Mexican Ministry of Finance and Public Credit (SHCP) and the Mexican Central Bank (Banxico) that is meant to stimulate the financial sector in Mexico, a presidential decree was issued on January 8, 2019, introducing several tax incentives that are...
01
January 01, 2019
Energy and Infrastructure Projects
Enel Green Power obtains syndicated credit for three wind farms in Mexico
Ritch Mueller represented BBVA Bancomer, Caixabank, Natixis, MUFG, Bancomext, IDB Invest and European Investment Bank as lenders, in connection to the financing of the Villanueva I, Villanueva III and Don José Solar projects, having an aggregate capacity of approximately 1 GW. The project...
2018
18
December 18, 2018
Tax
Newsflash - New Administration Proposes Economic Plan for 2019
On December 15th, 2018, the Mexican Secretary of Treasury submitted the 2019 economic plan proposal (the “2019 Economic Plan”) before the house of representatives, which has yet to be discussed and approved and is expected to be enacted –with no relevant amendments– no later...
26
June 26, 2018
Banking and Finance
Newsflash - Fintech in Mexico – CNBV Authorization Processes Begin for Financial Technology Institutions under the new legal framework.
On March 9, 2018, the Law that Regulates the Financial Technology Institutions (the “Fintech Law”) was published in the Federal Official Gazette and became effective on the day following its publication.The Fintech Law, among other matters, regulates financial services provided by...
