FOVISSSTE’s $396.7 Million Units Offering


Chávez Vargas Minutti advised on the transaction

Instituto de Seguridad y Servicios Sociales de los Trabajadores del Estado through its fund FOVISSSTE executed a $396.7 Million units offering.

FOVISSSTE acted as settlor on the offering, Banco Invex acted as trustee, Actinver Casa de Bolsa and BBVA Casa de Bolsa acted as placing agents.

FOVISSSTE operates a a Mexican state-run mortgage lender.

Chávez Vargas Minutti Abogados advised FOVISSSTE with Brian Minutti Aguirre (Picture), Vicente Anaya and Samara Mosqueda.

Involved fees earner: Vicente Octavio Anaya Gómez – Chávez Vargas Abogados; Brian Minutti – Chávez Vargas Abogados; Samara Mosqueda Gutiérrez – Chávez Vargas Abogados;

Law Firms: Chávez Vargas Abogados;

Clients: Fondo de la Vivienda del Instituto de Seguridad y Servicios Sociales de los Trabajadores del Estado;

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Author: Ambrogio Visconti.