Cases & Deals

  • Home
  • Practices
  • MEXCAT and the Ministry of Finance of Mexico successfully complete US$1.8 billion tender offer of bonds and consent solicitation

Share

MEXCAT and the Ministry of Finance of Mexico successfully complete US$1.8 billion tender offer of bonds and consent solicitation

December 2018

Client(s) Mexican Private Trust and the Ministry of Finance of Mexico

Jones Day represented the Mexican Private Trust known as MEXCAT and the Ministry of Finance of Mexico in connection with the issuance of four series of bonds under a Rule 144A offering in the amount of US$6.0 billion in the tender offer to re-purchase up to US$1.8 billion bonds and consent solicitation to remove from the indentures all references to the collateral consisting on revenues of the New Mexico City Airport. The above to guarantee sufficient flexibility to the new Mexican Government with respect to its new Mexico City Airport system strategy.

MEXCAT received 70 percent consent approval, therefore it has closed successfully the required amendments to the respective indentures and ancillary documents.

Contacts

Before sending, please note:

Information on www.jonesday.com is for general use and is not legal advice. The mailing of this email is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Anything that you send to anyone at our Firm will not be confidential or privileged unless we have agreed to represent you. If you send this email, you confirm that you have read and understand this notice.