Grupo Empresas Navieras’s $70.2 Million Notes Offering

Garrigues advised on the transaction

Grupo Empresas Navieras (GEN) executed its offering of $70.2 million 3,30% notes due 2030. Santander Corredores de Bolsa acted as placing agent on the offering.

Grupo Empresas Navieras SA offers maritime transportation and cargo shipping services. The Company, led by Jose Manuel Urenda Salamanca, Antonio Jabat Alonso and Felipe Irarrazaval Ovalle also owns ships, land transport equipment, harbor infrastructure and port storage facilities.

Garrigues advised Grupo Empresas Navieras S.A. with a team including Pedro García Morales (Picture) and María Fernanda Jara Verdugo.

Involved fees earner: Pedro García Morales – Garrigues;

Law Firms: Garrigues;

Clients: Grupo Empresas Navieras S.A.;

Author: Ambrogio Visconti.