Market: Mexico

Rivera Belden and Nader Hayaux steer Fibra Nova loan increase

Mexican real estate trust Fibra Nova has hired Rivera Belden & García Sánchez, SC to add US$75 million to an existing loan with state-owned Banco Nacional de Comercio Exterior (Bancomext).

16 February 2021

Promotions at LatAm firms spiked at year-end

Latin Lawyer has recorded a 38% increase in end-of-year promotions to partner level at Latin American law firms, while the proportion of women lawyers elevated to the top rank dropped compared to the previous year’s figures.

15 February 2021

Mexico’s CFE and Cemex raise billions of dollars in debt

Several international and Mexican law firms have helped state-owned utility company Comisión Federal de Electricidad (CFE) and cement maker Cemex raise US$3.75 billion in two separate debt issuances.

12 February 2021

Mexico can't appeal Canadian judge's NAFTA ruling

A Canadian court has said Mexico cannot appeal a judge’s decision to uphold a jurisdictional award in favour of a group of US casino investors pursuing a US$450 million NAFTA claim.

11 February 2021

Mexico power bill draws warning of treaty claims

A Mexican business lobby has warned the government of President Andrés Manuel López Obrador that proposed reforms to the country’s electric market amount to “indirect expropriation” and may lead investors to file treaty claims.

05 February 2021

Odebrecht subsidiary launches arbitration claim against Pemex

A subsidiary of Brazilian construction group Odebrecht has launched an International Chamber of Commerce (ICC) claim against Mexico’s state oil company Pemex under a supply contract for a US$5.2 billion petrochemical complex.

03 February 2021

Pani Abogados and Basham in Fibra Uno-backed hospital deal

Mexico’s largest real estate trust, Fibra Uno, has hired Pani Abogados for a built-to-suit lease agreement with private healthcare group Centro Hospitalario Universidad for the construction of a hospital on the outskirts of Mexico City.

29 January 2021

Mexico debuts debt on Taiwanese market with US$3 billion issuance

Cleary Gottlieb Steen & Hamilton LLP in New York and Lee and Li, Attorneys-at-Law in Taipei have helped the Republic of Mexico make its first Formosa bond issuance worth US$3 billion on Taiwan and Luxembourg’s stock exchanges.

27 January 2021

Nader Hayaux in Grupo Elektra’s international capital markets debut

US firm Winston & Strawn, NautaDutilh in Luxembourg and Mexican firm Nader, Hayaux & Goebel have helped a subsidiary of local financial and retail corporation Grupo Elektra issue senior notes worth US$500 million.

26 January 2021

Several LatAm firms in worldwide Fiat-Peugeot merger

Sullivan & Cromwell LLP in London and New York and three Linklaters offices have helped Fiat Chrysler Automobiles and Peugeot, respectively, in their US$38 billion global merger, which also called on several Latin American law firms.

25 January 2021

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