Total Play’s MXN$5,000 million securitization program
NHG advised Total Play on the creation of a MXN$5,000 million securitization program, and the first issuance of MXN$2,500 million on the Mexican Stock Exchange (BIVA).
NHG advised Total Play on the creation of a MXN$5,000 million securitization program, and the first issuance of MXN$2,500 million on the Mexican Stock Exchange (BIVA).
NHG advised HSBC México, in its issuance of perpetual, non-preferred, non-convertible, subordinated bonds for an amount of USD$180 million to strengthen its capital structure, with prior authorization of the Mexican Central Bank. The bonds were fully subscribed by its English affiliate HSBC Holdings plc., in a private offer.
NHG advised Fibra Storage, the largest self-storage company in Mexico, on the placement of notes totaling MXN$ 287 million.
NHG advised Grupo Elektra on the second public offering of unsecured long term notes for MXN$ 5,000 million under its MXN$ 15,000 million dual debt programme. Grupo Elektra is a specialized financial services company leader in Latin America and a mayor provider of short term non-banking loans in the USA.
NHG advised Grupo O’Donnell in the structuring and placement of structured notes (CKDs) in the Mexican Stock Exchange with an initial issuance of MXN$400 million plus additional commitments, through a capital call mechanism, for a total committed issuance amount of MXN$2 billion (approximately US$100 million) to invest, from time to time, in industrial real estate and urban infrastructure.
NHG advised Casa de Bolsa Credit Suisse (México), and Punto Casa de Bolsa, as lead underwriters, together with Casa de Bolsa Santander, Casa de Bolsa Banorte, as underwriters, in relation to a public offering of securities in the Mexican market with a issuance of MXN$9,430 million.
NHG advised Fibra Danhos with its third debt issuance, carried under the debt for MXN$2,500 million for the creation of a shopping centre development in Mexico City.
BBVA Bancomer and Evercore Casa de Bolsa acted as underwriters for the operation, which closed 10 July.
NHG advised Barclays Capital Casa de Bolsa, as underwriter, prepared the public offering of structured notes (certificados bursátiles fiduciarios de proyectos de inversión) or CERPIs in the Mexican market with a target initial issuance of MXN$800 million plus additional commitments, through a capital call mechanism, for a targeted total committed issuance amount of MXN$4 billion (approximately USD$216 million). The purpose is to create a fund focused on the entire real estate value chain.