Advised Total Play on MXN 1 Billion Short-Term Debt Issuance

December 19, 2024

NHG is proud to have advised Total Play, a leading provider of triple play services in Mexico, on the issuance and public offering of short-term debt certificates (certificados bursátiles de corto plazo) under its current debt programme.

The issuance, with the ticker symbol “TPLAY00224”, amounted to MXN 1,000,000,000.00 (approximately USD 49.6 million) and was successfully placed in the market with an interest rate of 12.49% for the first interest payment period.

This transaction further underscores Total Play’s solid financial strategy and market confidence, positioning the company to continue its leadership in delivering innovative telecommunications solutions in Mexico.

NHG’s team provided comprehensive legal counsel throughout the process, ensuring the successful execution of this strategic operation.