Kuri Breña acted as Consubanco counsel in the issuance.
Consubanco, S.A., Institucin de Banca Mltiple, executed its MXN$1.0 billion (Approx. USD$47 million) Third Issuance of Notes (certificados burstiles bancarios), from a five-year, MXN$7.5 billion program, in the Bolsa Institucional de Valores, S.A. de C.V. or BIVA (new Mexican stock exchange).
The transaction was rated “A-” by Fitch and “A” by HR Ratings. Bursamtrica acted as Placement Agent.
Monex acted as Common Representative of the noteholders.
Kuri Brea team was led by Daniel Kuri Brea (Partner)
Alvaro Sarmiento Lapiedra (Partner) and also included Jose Alejandro Casas Farias (Senior Associate).
Involved fees earner: José Alejandro Casas Farías – Kuri Breña Sánchez Ugarte y Aznar; Daniel Kuri Breña Romero de Terreros – Kuri Breña Sánchez Ugarte y Aznar; Alvaro Sarmiento Lapiedra – Kuri Breña Sánchez Ugarte y Aznar;
Law Firms: Kuri Breña Sánchez Ugarte y Aznar;
Clients: Consubanco, S.A.;