“Ana Paula Telleria is highly responsive, professional, and demonstrates innovative problem-solving skills." Chambers & Partners (2027)

Ana Paula is a partner at Nader Hayaux Goebel and primarily specializes in securities and capital markets, with significant experience in secured transactions, including joint ventures, as well as related regulatory and corporate law matters. She is regularly involved in cross-border transactions related to the structuring, development and financing of projects in Mexico.

Ana Paula also specializes in real estate development, financing and investment transactions. She has represented major market participants in a wide range of real estate projects, including commercial, industrial, residential and business developments, as well as tourism-related projects such as hotels, timeshare projects and mixed-use developments. She also has significant experience advising clients on the structuring of development capital certificates (CKDs), investment project certificates (CERPIs), real estate investment trusts (FIBRAs), FIBRA-E structures, private equity funds and other investment instruments for the real estate sector. In addition, she regularly advises domestic and international sponsors and issuers, AFOREs, banks and financial institutions, among others.

She is part of Nader Hayaux Goebel’s specialized team focused on advising Mexican and foreign companies in their transition toward a regenerative economy through the implementation of sustainable development principles and ESG criteria. This has led her to participate in ESG-linked issuances and financings and to develop extensive experience in sustainable finance matters.

She has also developed significant knowledge in sustainability reporting and metrics, as well as Climate Governance matters.

Ana Paula has been recognized by Chambers & Partners Latin America and Global, as well as Legal 500, in Capital Markets since 2017 and 2022, respectively. She was also recognized as one of the “Women Who Will 2021” in the global list published by Obelisk Support and The Next 100 Years.

She obtained her law degree from Universidad Panamericana, Guadalajara campus, in 2007, and earned an LL.M. from New York University School of Law in 2012, with a specialization in Corporate Law.

Work Highlights

Capital Markets

  • Advised the AFOREs on their investment in the FIECK CKD and their resulting participation in the Iberdrola power plants and, subsequently, advised the AFOREs and FONADIN on the conversion of such CKD into a Fibra-E through an initial issuance of up to USD 4.5 billion.
  • Advised BBVA México as placement agent in a CERPI issued under a shelf registration program for an amount of up to USD 10 billion.
  • Advised Total Play on its USD 575 million international offering of notes pursuant to Rule 144A and Regulation S.
  • Advised Total Play on the establishment of its first MXN 5 billion debt securities program (certificados bursátiles) as a direct issuer, as well as the first two short-term issuances thereunder, each for MXN 1 billion.
  • Represented Fibra Danhos in the successful registration of its consecutive long-term public debt programs for up to MXN 8,000 million each, as well as issuances thereunder, including a sustainability-linked bond (SLB) issuance.
  • Represented Total Play, in the successful placement of USD 600 million aggregate principal amount of senior notes in the international markets.
  • Advised Total Play on the successful USD 600 million offering of senior notes in the international markets.
  • Advised Artha Capital in the launch of a total of three development trust certificates (CKDs), including ARTCK13 and ARTCK13-2, the first multi-series CKD in Mexico.
  • Represented Grupo Elektra in various debt issuances for up to USD 223 million within a single calendar year, including sustainability-linked bond (SLB) issuances and the establishment of debt programs for up to MXN 8 billion.
  • Advised Vise and Impulsora de Soluciones en Infraestructura in the public tender launched by the State of Mexico for a PPP contract regarding the refurbishment, preservation and maintenance for 12 years of 1,637.80 kilometers of highways in the State of Mexico.

Corporate

  • Advised Metropolitan Life Insurance Company as seller of all of its shares in Afore MetLife and its subsidiaries to Principal Financial Group.
  • Advised subsidiaries of Grupo Salinas in the acquisition from entities controlled by Spanish banks of certain land parcels and real estate developments in the Riviera Maya for an amount of USD 136 million.
  • Advised both Evercore Casa de Bolsa in the sale of its trust business in Mexico to CIBanco, and CIBanco in the acquisition of Deutsche Bank’s trust business in Mexico through a spin-off and merger process.

Banking and Finance | Regulatory

  • Advised Be Grand in a MXN 2.5 billion syndicated financing and an approximately MXN 1.5 billion investment to complete its acquisition of a 50% interest in the trust rights of a trust indirectly holding an interest in the real estate portfolio known as Nomad, comprised of six multifamily buildings and valued at approximately MXN 5.5 billion at the time of the transaction.