Unifin Financiera S.A.B. de C.V.’s $200 Million Notes Offering


Cleary Gottlieb Steen & Hamilton and Ernst & Young advised on the transaction

Unifin Financiera S.A.B. de C.V. executed its Rule 144A/Reg. S offering of $200 million 7% senior notes due 2022.

The initial purchasers in the transaction were Barclays Capital Inc., Santander Investment Securities Inc., and Scotia Capital (USA) Inc.

The offering was conducted as a private placement under Rule 144A of the Securities Act of 1933 and outside of the United States in reliance on Regulation S, in response to a reverse inquiry by an institutional investor interested in investing in Unifin’s debt securities. The transaction priced on August 8, 2019, and closed on August 12, 2019. Unifin will use the proceeds of the offering for general corporate purposes (including the refinancing of short-term debt).

Cleary Gottlieb Steen & Hamilton advised Unifin Financiera, S.A.B. de C.V., SOFOM, E.N.R. with Jorge U. Juantorena (Picture), Manuel Silva, Michael Eis, Rigoberto Chavez and David Stewart Fisher.

Ernst & Young advised Unifin Financiera, S.A.B. de C.V., SOFOM, E.N.R. with Jimena González de Cossío and Santiago Carrera.

Involved fees earner: Michael Eis – Cleary Gottlieb Steen & Hamilton; Jorge Juantorena – Cleary Gottlieb Steen & Hamilton; Manuel Silva – Cleary Gottlieb Steen & Hamilton; David Stewart Fisher – Cleary Gottlieb Steen & Hamilton; Santiago Carrera – EY Law; Jimena González de Cossío – EY Law;

Law Firms: Cleary Gottlieb Steen & Hamilton; EY Law;

Clients: Unifin Financiera, S.A.B. de C.V.;

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Author: Ambrogio Visconti