NHG advised Total Play Telecomunicaciones on a USD$600 million placement

The Notes — which were rated B2 by Moody’s and BB- by Fitch — will be used to expand Total Play’s services geographical cover across Mexico as well as to refinance liabilities, improving Total Play’s debt profile.

The Notes will be listed on the Singapore Stock Exchange Securities Trading Limited (SGX-ST).

This was Total Play’s second offering in the international markets. It was done in record time and shows remarkable confidence in Total Play’s continued growth and prospects regardless of the Covid pandemic.

Firms involved:

Nader Hayaux & Goebel (representing Total Play Mexico): With the participation of Partners Michell Nader, Ana Paula Telleria and Ana Paula Pardo and associate Ulyses Casanova.

Winston & Strawn (representing Total Play USA): Partners Talbert Navia and Claude Serfilippi, associates Amanda Sewell and Delfina Nicholson.

Simpson Thacher & Bartlett LLP and Jones Day (representing party 2)

Jones Walker LLP (representing Banks party 3)