Grupo Elektra’s $260 Million Notes Offering


Nader, Hayaux & Goebel advised on the transaction

Grupo Elektra, S.A.B de C.V. executed its offering of $260 million notes. Actinver Casa de Bolsa, S.A. de C.V., BCP Securities, LLC, and Punto Casa de Bolsa, S.A. de C.V. acted as initial purchasers on the offering.

Grupo Elektra is a Mexican financial and retail company operating in Latin America. It also offers non-bank short term loans in the US. The firm, led by Ricardo Benjamin Salinas Pliego, Mauro Aguirre Regis and Alejandro Valenzuela Del Rio, in 2017 recorded $281 Million revenues.

Nader, Hayaux & Goebel advised Grupo Elektra, S.A.B de C.V. with a team including Michell Nader Schekaiban (Picture), Mónica Ramos C. and Fernando Quezada.

Involved fees earner: Michell Nader S. – Nader, Hayaux & Goebel; Fernando Quezada T. – Nader, Hayaux & Goebel; Monica Ramos C. – Nader, Hayaux & Goebel;

Law Firms: Nader, Hayaux & Goebel;

Clients: Grupo Elektra SAB de CV;

Author: Ambrogio Visconti.