México’s $2.8 Billion Bond Offering

Cleary Gottlieb Steen & Hamilton, Sullivan & Cromwell and Ritch, Mueller, Heather y Nicolau advised on the transaction

Mexican government executed a euro-denominated registered offering of €1.5 billion of its 1.625% global notes due 2026, in addition to €1 billion of its 2.875% global notes due 2039.

Deutsche Bank, JP Morgan Securities, Banco Santander and UBS acted as underwriters for the offering.

Cleary Gottlieb Steen & Hamilton advised the Mexican Government with a team including Nicolás Grabar (Picture) Erika W. Nijenhuis, Carlos von der Heyde, Stephanie Fontana, Anthony Thomas Yánez, José Andrés de Saro and Michael Eis.

Sullivan & Cromwell advised Deutsche Bank AG (London Branch), J.P. Morgan Securities Plc, Banco Santander, S.A. and UBS AG London Branch with Robert S. Risoleo, Christopher L. Mann, Jeffrey D. Hochberg, Paul J. McElroy, Saúl Brander, Estefania Souza and Kirsten E.L. Rodger.

In Mexico, Ritch, Mueller, Heather y Nicolau advised the underwriters with Carlos F. Obregón Rojo, Luis A. Nicolau Gutiérrez and Javier Barrera Gazcón.

Involved fees earner: Jose Andres de Saro – Cleary Gottlieb Steen & Hamilton; Stephanie Fontana – Cleary Gottlieb Steen & Hamilton; Nicolás Grabar – Cleary Gottlieb Steen & Hamilton; Erika Nijenhuis – Cleary Gottlieb Steen & Hamilton; Carlos von der Heyde – Cleary Gottlieb Steen & Hamilton; Anthony Thomas Yanez – Cleary Gottlieb Steen & Hamilton; Javier Barrera Gazcon – Ritch, Mueller, Heather y Nicolau, SC; Luis Nicolau Gutiérrez – Ritch, Mueller, Heather y Nicolau, SC; Carlos F. Obregón Rojo – Ritch, Mueller, Heather y Nicolau, SC; Saul Brander – Sullivan & Cromwell; Jeffrey Hochberg – Sullivan & Cromwell; Christopher Mann – Sullivan & Cromwell; Paul McElroy – Sullivan & Cromwell; Robert Risoleo – Sullivan & Cromwell; Kirsten Rodger – Sullivan & Cromwell; Estefania Souza – Sullivan & Cromwell;

Law Firms: Cleary Gottlieb Steen & Hamilton; Ritch, Mueller, Heather y Nicolau, SC; Sullivan & Cromwell;

Clients: Banco Santander Sa; Deutsche Bank AG London Branch; JP Morgan Securities; UBS AG; United States of Mexico;