Fibra Prologis’ $300 Million Notes Offering

Gonzalez Calvillo acted as Mexican counsel to investors, while Creel García – Cuellar, Aiza y Enríquez – as Mexican counsel to Fibra Prologis in the transaction. Greenberg Traurig LLP acted as US counsel to investors, while Mayer Brown LLP, as US counsel to Fibra Prologis.

A consortium of private placement investors purchased the notes issued by Fibra Prologis for an amount of USD$300 million.

The notes were issued in five tranches (i) US$100 million “green” tranche in aggregate principal amount maturing on July 1, 2029, (ii) US$80 million aggregate principal amount maturing on July 1, 2031, (iii) US$80 million in aggregate principal amount maturing on July 1, 2033, (iv) US$25 million in aggregate principal amount maturing on July 1, 2036, and (v) US$15 million in aggregate principal amount maturing on July 1, 2039.

The net proceeds from the notes will be used to refinance existing indebtedness and for general corporate purposes.  The net proceeds from the “green” tranche will be used to finance or refinance, in whole or in part, certain eligible green projects.

Fibra Prologis is a leading Mexican real estate investment trust formed to acquire, own and manage Class-A industrial real estate in Mexico.

Gonzalez Calvillo team for the investors was led by partners Jorge Cervantes Trejo and Daniel Guaida Azar, supported by José María Castro Farrés (associate) and Alonso Mirón Granados (associate).

Greenberg Traurig team inlcuded Alejandra García Earley (Of Counsel), and Eric W. Larson (Associate).

Creel García – Cuellar, Aiza y Enríquez –  advised Fibra Prologis with Rodrigo Castelazo D. (Partner; Picture), and Mauricio Rascón (Associate).

Mayer Brown team was led by Jennifer A. Kratochvil (Partner), with Mckay S. Harline (Associate).

Involved fees earner: Rodrigo Castelazo – Creel, García-Cuéllar, Aiza y Enriquez SC; Mauricio Rascón Kuri – Creel, García-Cuéllar, Aiza y Enriquez SC; McKay Harline – Mayer Brown; Jennifer Kratochvil – Mayer Brown;

Law Firms: Creel, García-Cuéllar, Aiza y Enriquez SC; Mayer Brown;

Clients: FIBRA Prologis;