News

Mexican leasing company taps capital markets

16 February 2018

Cleary Gottlieb Steen & Hamilton LLP in New York has helped Mexican leasing company Unifin Financiera make two notes issuances worth a combined US$550 million.

Ritch Mueller targets compliance work with Nafinsa hire

Ritch Mueller targets compliance work with Nafinsa hire

14 February 2018

Ritch, Mueller, Heather y Nicolau, SC has hired the former head of legal at Mexican development bank Nacional Financiera (Nafinsa) to lead its corporate governance and compliance practice, in the latest move by the top-tier transactional firm to broaden its service offering.

Basham opens office in León

Basham opens office in León

14 February 2018

Basham, Ringe y Correa has opened its fourth office in the city of León, Guanajuato, strengthening its presence in one of Mexico’s main manufacturing regions as NAFTA negotiations lengthen.

Ley family in Mexican supermarket sweep up

14 February 2018

Jones Day (Mexico) has helped US supermarket chain Safeway sell its 49% stake in Mexican counterpart Casa Ley to Mexico’s Ley family for 6.5 billion Mexican pesos (US$350 million).

Mexico’s IEnova gets credit line

13 February 2018

Paul Hastings LLP in New York and Chicago and Mijares, Angoitia, Cortés y Fuentes SC in Mexico City have helped Mexican gas distributor IEnova obtain a US$1 billion loan.

Mexican bank makes first issue of fiduciary certificates

08 February 2018

Kuri Breña Sánchez Ugarte y Aznar has helped Mexican bank Consubanco makes its first issuance of fiduciary certificates, in a deal worth two billion Mexican pesos (US$107 million).

Nader, Mijares and Creel García-Cuéllar steer CKD fund

Nader, Mijares and Creel García-Cuéllar steer CKD fund

06 February 2018

Nader, Hayaux & Goebel has helped Mexican construction company Carza create a CKD fund worth some 2.5 billion pesos (US$135 million) and complete its debut issuance.

Mexico launches first probe of digital marketplace

Mexico launches first probe of digital marketplace

06 February 2018

Mexico’s Federal Economic Competition Commission has said it has been investigating suspected monopolistic practices in the country's e-commerce market.

Holland & Knight behind Nuevo León financing

06 February 2018

Holland & Knight (Mexico) has helped Mexican bank Multiva grant a loan worth 1.2 billion Mexican pesos (US$64 million) to the state of Nuevo León.

Canada goes rogue with NAFTA proposal

Canada goes rogue with NAFTA proposal

02 February 2018

As the renegotiations on the North American Free Trade Agreement (NAFTA) continue, Canada has said it may enter into its own investor-state dispute settlement arrangement with Mexico if the US insists on changing the current arrangement provided for in the free trade agreement.