{"id":17372,"date":"2024-11-07T09:57:21","date_gmt":"2024-11-07T15:57:21","guid":{"rendered":"https:\/\/www.nhg.mx\/?p=17372"},"modified":"2024-11-14T14:32:49","modified_gmt":"2024-11-14T20:32:49","slug":"nhg-advised-nueva-elektra-del-milenio-as-issuer-and-payment-guarantor","status":"publish","type":"post","link":"https:\/\/www.nhg.mx\/en_gb\/nhg-advised-nueva-elektra-del-milenio-as-issuer-and-payment-guarantor\/","title":{"rendered":"NHG Advised Nueva Elektra del Milenio and Grupo Elektra, as issuer and payment guarantor, respectively, in connection with a second indirect issuance of 12.5% Senior Secured Notes due 2031 for USD 350 million under a cross-border remittances securitization program."},"content":{"rendered":"<p>NHG advised Nueva Elektra del Milenio S.A. de C.V., a subsidiary of Grupo Elektra, S.A.B. de C.V. and Grupo Elektra, S.A.B. de C.V., as issuer and payment guarantor, respectively, in connection with its second indirect issuance of 12.500% Senior Secured Notes due 2031 for $350 million under its cross-border remittances securitization program. The issuance was made under Rule 144A and Regulation S of the Securities Act of the United States of America of 1933.<\/p>\n<p>The new senior notes are secured and have a preferred and exclusive claim against a private limited liability company incorporated under Luxembourg law and qualifying as a management company under Luxembourg Securitization Law in connection with a designated portfolio of receivables originated by Nueva Elektra del Milenio.<\/p>\n<p>The Senior Secured Notes are listed on the Luxembourg Stock Exchange \u2013 Securities Official List.<br \/>\nIn the face of market uncertainty and regulatory hurdles, the pricing and placement of the Senior Secured Notes took place under exceptional circumstances.<\/p>\n<p>Counsels to Elektra<\/p>\n<p>Partners:<\/p>\n<ul>\n<li>Michell Nader<\/li>\n<li>Adalberto Valadez<\/li>\n<li>Jenny Ferr\u00f3n<\/li>\n<\/ul>\n<p>Associates<\/p>\n<ul>\n<li>Fernando Villal\u00f3n<\/li>\n<li>Ulyses Casanova<\/li>\n<li>David Arguedas<\/li>\n<li>Danielle C\u00e1mara<\/li>\n<li>Bernardo Ibarra<\/li>\n<\/ul>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-bottom-left\"><a href=\"https:\/\/www.nhg.mx\/en_gb\/wp-json\/wp\/v2\/posts\/17372?print=pdf\" class=\"pdfprnt-button pdfprnt-button-pdf\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/www.nhg.mx\/wp-content\/plugins\/pdf-print\/images\/pdf.png\" alt=\"image_pdf\" title=\"View PDF\" \/><\/a><a href=\"https:\/\/www.nhg.mx\/en_gb\/wp-json\/wp\/v2\/posts\/17372?print=print\" class=\"pdfprnt-button pdfprnt-button-print\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/www.nhg.mx\/wp-content\/plugins\/pdf-print\/images\/print.png\" alt=\"image_print\" title=\"Print Content\" \/><\/a><\/div>","protected":false},"excerpt":{"rendered":"<p>NHG advised Nueva Elektra del Milenio S.A. de C.V., a subsidiary of Grupo Elektra, S.A.B. de C.V. and Grupo Elektra, S.A.B. de C.V., as issuer and payment guarantor, respectively, in connection with its second indirect issuance of 12.500% Senior Secured Notes due 2031 for $350 million under its cross-border remittances securitization program. The issuance was&#8230;<\/p>\n<div class=\" [&hellip;]\"><a href=\"https:\/\/www.nhg.mx\/en_gb\/nhg-advised-nueva-elektra-del-milenio-as-issuer-and-payment-guarantor\/\">Read More<\/a><\/div>\n","protected":false},"author":9,"featured_media":17377,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[55],"tags":[616],"class_list":["post-17372","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-firm-news","tag-nhg"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.nhg.mx\/en_gb\/wp-json\/wp\/v2\/posts\/17372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nhg.mx\/en_gb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nhg.mx\/en_gb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nhg.mx\/en_gb\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nhg.mx\/en_gb\/wp-json\/wp\/v2\/comments?post=17372"}],"version-history":[{"count":0,"href":"https:\/\/www.nhg.mx\/en_gb\/wp-json\/wp\/v2\/posts\/17372\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nhg.mx\/en_gb\/wp-json\/wp\/v2\/media\/17377"}],"wp:attachment":[{"href":"https:\/\/www.nhg.mx\/en_gb\/wp-json\/wp\/v2\/media?parent=17372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nhg.mx\/en_gb\/wp-json\/wp\/v2\/categories?post=17372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nhg.mx\/en_gb\/wp-json\/wp\/v2\/tags?post=17372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}