NHG Advises Total Play on MXN 1 Billion Short-Term Debt Issance

Nader, Hayaux & Goebel advised Total Play Telecomunicaciones, (“Total Play”), a leading provider of triple play services in Mexico, in the issuance and public offering of short-term debt certificates (certificados bursátiles de corto plazo) identified with ticker symbol “TPLAY 00126”, for a total amount of MXN 1 Billion (approximately USD 51 million), under its current debt program.

The issuance was carried out in the Mexican securities market and forms part of Total Play’s ongoing financing strategy to support its operations and growth. The certificates bear a variable interest rate equivalent to 2.25 percentage points above the “TIIE de Fondeo” reference rate.

This transaction reflects continued investor confidence in Total Play’s business model, the strength of its fiber-optic infrastructure, and its position as one of the leading telecommunications providers in Mexico.

The NHG team was led by partner Ana Paula Telleria, with key support from associates Nicolás Pacheco and Emilia Silva, and law clerk Regina Rueda, providing comprehensive legal counsel to the client throughout all stages of the transaction.

NHG is proud to have supported Total Play in this successful issuance, further strengthening its access to the Mexican capital markets.