Grupo Traxión, S.A.B. de C.V.’s $248 Million Initial Public Offering


Paul Hastings, Bufete Robles Miaja, Cleary Gottlieb Steen & Hamilton and Ritch, Mueller, Heather y Nicolau advised on the transaction

Grupo Traxión, S.A.B. de C.V. completed its approximately $220 million initial public offering of common stock. Traxión is ?the largest road transportation and logistics services company in Mexico and is partly owned ?by Discovery Americas and by Nexxus Capital, the largest Mexican-owned private equity fund?.

The IPO was sold internationally pursuant to Rule 144A and Regulation S and the shares were listed on the Mexican Stock Exchange. The proceeds received by Traxión will be used for general corporate purposes, including investments focused on development and expansion, investments in power units and other assets and the refinancing of liabilities.

Morgan Stanley, UBS, Citibank and Barclays acted as initial purchasers.

Paul Hasting advised with a team including Michael L. Fitzgerald (Picture) Arturo Carrillo, Pedro Reyes, Eduardo Gonzalez and Diego Ostos.

Robles Miaja advised Traxión with Rafael Robles Miaja, Ximena Robles Miaja, Mauricio Manuel Camps Tapia and Jack Heather Fletcher.

Cleary Gottlieb Steen & Hamilton advised Morgan Stanley, UBS, Citibank and Barclays with Jorge Juantorena, Adam Brenneman, William McRae, Alex Connelly, Fernando Martínez and Josiah Child.

Ritch, Mueller, Heather y Nicolau advised Morgan Stanley, UBS, Citibank and Barclays with Luis Nicolau, Carlos F. Obregón Rojo, Oscar A. López Velarde and José Berrueta Ochoa. Asociados Enrique López Scherer y Santiago Díaz Rivera Bravo.

Involved fees earner: Rafael Robles Miaja – Robles Miaja Abogados; Ximena Robles Miaja – Robles Miaja Abogados; Mauricio Camps Tapia – Robles Miaja Abogados; Luis Nicolau Gutiérrez – Ritch, Mueller, Heather y Nicolau, SC; Carlos Obregón Rojo – Ritch, Mueller, Heather y Nicolau, SC; José Berrueta Ochoa – Ritch, Mueller, Heather y Nicolau, SC; Enrique López Scherer – Ritch, Mueller, Heather y Nicolau, SC; Oscar López Velarde – Ritch, Mueller, Heather y Nicolau, SC; Santiago Díaz Rivera Bravo – Ritch, Mueller, Heather y Nicolau, SC; Michael Fitzgerald – Paul Hastings; Arturo Carrillo – Paul Hastings; Pedro Reyes – Paul Hastings; Eduardo Gonzalez – Paul Hastings; Jorge Juantorena – Cleary Gottlieb Steen & Hamilton; Adam Brenneman – Cleary Gottlieb Steen & Hamilton; Alex Connelly – Cleary Gottlieb Steen & Hamilton; Fernando Martinez – Cleary Gottlieb Steen & Hamilton; William McRae – Cleary Gottlieb Steen & Hamilton; Josiah Child – Cleary Gottlieb Steen & Hamilton;

Law Firms: Robles Miaja Abogados; Ritch, Mueller, Heather y Nicolau, SC; Paul Hastings; Cleary Gottlieb Steen & Hamilton;

Clients: Barclays Bank; Citibank; Morgan Stanley; UBS; Grupo Traxión, S.A.B. de C.V.;

Print Friendly, PDF & Email
Avatar

Author: Ambrogio Visconti