Simpson Thacher the initial purchasers in the offering.
Total Play Telecomunicaciones, S.A. de C.V. (“Total Play”) executed the inaugural offering of an aggregate principal amount of US$575 million of its 7.5% Senior Notes due 2025. The Notes were offered and sold in reliance upon Rule 144A and Regulation S under the Securities Act, and will be listed on the Singapore Exchange Securities Trading Limited.
Total Play is a leading, high-growth, Mexican telecommunications company dedicated to providing broadband, entertainment and productivity services over one of the largest fiber-only networks in Mexico.
Simpson Thacher represented Credit Suisse Securities (USA) LLC and Jefferies LLC, among others, as representatives of the initial purchasers, with a team including Jaime Mercado (Picture) and Francisco Ducci (Capital Markets); and Jonathan Cantor and Suzy Yaster (Tax).
Involved fees earner: Jonathan Cantor – Simpson Thacher & Bartlett; Francisco Ducci – Simpson Thacher & Bartlett; Jaime Mercado – Simpson Thacher & Bartlett; Susan Yaster – Simpson Thacher & Bartlett;
Law Firms: Simpson Thacher & Bartlett;