The firm advised Vinci Airports on the acquisition Fintech an indirect equity interest of 29.99% of Grupo Aeroportuario del Centro Norte (OMA), a Mexican concessionaire of airports publicly listed in Mexico with ADSs in the NYSE. The purchase price was US$1.17 billion, which was paid with a combination of equity and debt provided by Scotiabank, Inbursa and HSBC. As a result of this acquisition, Vinci Airports became the largest shareholder in OMA.
The firm advised Figeac Aéro, a publicly traded company and leading partner for major aerospace manufacturers, in (i) the sale to Latécoère Group of its assets and the facility of the manufacturing, machining and sheet metal fabrication, and surface treatment processing with respect of 787-Door products for aircrafts maquiladora factory in Hermosillo, Sonora, Mexico, and (ii) the purchase of the assets of Kaman Aerospace Group in Chihuahua, Mexico, to strengthen its production process in Mexico; both of which transactions were executed simultaneously.
Don’t miss Latin Lawyers article here or in PDF Several firms steer France-Mexico aerospace deals
CLOSING
The firm represented Figeac Aéro, a publicly traded company and leading partner for major aerospace manufacturers, in (i) the completion of the sale to Latécoère Group of its assets and the facility of the manufacturing, machining and sheet metal fabrication, and surface treatment processing with respect of 787-Door products for aircrafts maquiladora factory in Hermosillo, Sonora, Mexico, and (ii) the successful purchase of the assets of Kaman Aerospace Group in Chihuahua, Mexico, to strengthen its production process in Mexico; both of which transactions were executed simultaneously.
Advised SMBC Aviation Capital, in the financing of a Boeing 787-9 to be leased to Aeroméxico through a Japanese Operating Lease with a Call Option (JOLCO).
The firm advised China Southern Airlines in obtaining the relevant traffic rights, slots and international air transport operation permit with the Mexican Aviation Authorities and the Mexico City International Airport, to operate its first route to Mexico City.
The firm’s role included obtaining the approval of fares, schedules, insurances and validation of the airline’s AOC with the aviation authority. CSA was the first Chinese airline to commence operations in Mexico under the Mexico-China air transportation treaty.