News
2023
04
January 04, 2023
Tax
Newsflash - Amendments to Mexico City’s Tax Code 2023
On December 14, 2022, Mexico City’s Congress approved several amendments to its Tax Code, which were published in the Official Gazette on December 27, 2022, and became effective as of January 1, 2023. Below is a summary of the amendments that we consider companies or individuals may be able...
2022
16
December 16, 2022
Banking and Finance
Mexican tiles company lays down loan
Ritch Mueller represented the administrative agent and the lenders, in the negotiation and execution of a term loan agreement to Interceramic, for the repayment of existing indebtedness and general corporate purposes. Read news (subscription site)...
30
November 30, 2022
Mergers and Acquisitions
Mexico’s Discovery Americas inks logistics buy
Ritch Mueller represented Discovery Americas, in the acquisition of Servimsa, a logistics, warehouse management and industrial services company. Read note (subscription site)...
29
November 29, 2022
Banking and Finance
Holding company ups stake in Mexican poultry group Bachoco
Ritch Muller represented Scotiabank, Citibanamex, BanBajío and Banorte, in the negotiation and execution of a credit agreement to Edificio del Noroeste, for an amount of up to MXN$14,000 million, secured by means of a securities pledge (prenda bursátil) over the shares of Bachoco....
21
November 21, 2022
Capital Markets
Tortilla maker Gruma wraps up US$746 million bond programme
Ritch Mueller represented Gruma, in the establishment of a dual program of short-term and long-term revolving debt bonds (certificados bursátiles) for a total amount of up to MXN$10,000 million and the first issuance under such program for an amount of MXN$4,500 million maturing on...
17
November 17, 2022
Capital Markets
Mexico’s Fibra Prologis raises US$410 million with offering
Ritch Mueller represented Citigroup Global Markets and other financial institutions, as agents, in connection with the issuance of additional CBFIs by FIBRA Prologis, pursuant to a preferential rights private offering, for a total amount of MXN$7,955 million. Read note (subscription site)...
24
October 24, 2022
Banking and Finance
TC Energy-IEnova pipeline in Mexico gets refinancing
Ritch Mueller represented Citibank, Citibanamex, Scotiabank Inverlat and The Bank of Nova Scotia, in a USD$1,560 million unsecured senior financing to Infraestructura Marina del Golfo (IMG), to provide IMG with funds to repay existing indebtedness. Read note (subscription site)...
21
October 21, 2022
Banking and Finance
Peruvian medical group enters Mexico
Ritch Mueller represented Grupo Salud Auna México, as borrower, in the negotiation and execution of a credit and guaranty agreement, in which Banco Santander México, acted as Administrative Agent, for the amount of USD$350 million, to finance the acquisition of Hospitales OCA....
20
October 20, 2022
Ritch Mueller
Ritch Mueller - New Partners Announcement 2023
We are pleased to announce as Partners of our firm as of January 1, 2023: Eric Silberstein Lerner, who joined the firm in 2016. He has over 10 years of experience advising buyers, private equity funds, sellers and financial advi- sors in the acquisition process of financial entities and...
07
October 07, 2022
Mergers and Acquisitions
Ecuadorean unicorn grows Mexican presence with fintech buy
Ritch Mueller represented Billpocket, in the sale of its business to Kushki, an Ecuadorian fintech dedicated to e-commerce. Read note (suscription site)...
