Fibra Uno’s $700 Million Follow-on Equity Offering

Hogan Lovells, Holland & Knight, Paul Hastings and Mijares, Angoitia, Cortés y Fuentes advised on the transaction

Fibra Uno, the first and one of the largest real estate investment trusts in Mexico, in a US$700 million follow-on equity offering.

The offering was oversubscribed, and consisted of the sale of 419.75 million of Fibra Uno’s Real Estate Trust Certificates (which includes an overallotment option) for the price of 30.50 Mexican pesos per real estate trust certificate.

Santander, Bank of America Merrill Lynch, HSBC, BTG Pactual, Credit Suisse, Goldman, Sachs & Co. LLC and UBS Investment Bank acted as initial purchasers.

The Hogan Lovells team was led by New York partner Lewis Cohen (Picture), counsel Edgard Alvarez and associate Patricia Ciccone. Tax advice was provided by Nancy O’Neil.

In Mexico, Holland & Knight advised Fibra Uno with Guillermo Uribe and Adrián Gay Lasa.

Paul Hastings advised the initial purchasers with Mike Fitzgerald, Arturo Carrillo, Steven Sandretto, Eduardo González, Stephanie Rohlfs, Laura Berazaluce, Jorge Garduño and Laura D. Martínez.

In Mexico, Mijares, Angoitia, Cortés y Fuentes advised the Initial Purchasers with Martín Sánchez-Bretón.

Involved fees earner: Martín Sánchez Bretón – Mijares, Angoitia, Cortés y Fuentes, S.C.; Guillermo Uribe Lara – Holland & Knight; Adrian Gay Lasa – Holland & Knight; Lewis Cohen – Hogan Lovells; Edgard Alvarez – Hogan Lovells; Patricia Ciccone – Hogan Lovells; Nancy O’Neil – Hogan Lovells; Michael Fitzgerald – Paul Hastings; Arturo Carrillo – Paul Hastings; Steven Sandretto – Paul Hastings; Eduardo Gonzalez – Paul Hastings; Stephanie Rohlfs – Paul Hastings;

Law Firms: Mijares, Angoitia, Cortés y Fuentes, S.C.; Holland & Knight; Hogan Lovells; Paul Hastings;

Clients: Bank of America Merrill Lynch; BTG Pactual; Credit Suisse; Goldman, Sachs & Co.; HSBC; Banco Santander Sa; UBS Investment; Fibra Uno administracion SA;


Author: Ambrogio Visconti