Fibra Uno Announces $700 Million Follow-on Equity Offering

October 05, 2017

New York – Paul Hastings LLP, a leading global law firm, represented Santander, Bank of America Merrill Lynch, HSBC, BTG Pactual, Credit Suisse, Goldman, Sachs & Co. LLC and UBS Investment Bank as initial purchasers in connection with Fibra Uno’s $700 million follow-on equity offering. This offering, which was many times oversubscribed, marks the fifth international equity offering by Fibra Uno, which has now issued approximately $6.2 billion in equity since its IPO in 2011. The issued stock was offered publicly in Mexico on the Mexican Stock Exchange and internationally pursuant to Rule 144A and Regulation S.

Paul Hastings attorneys have been involved in all of Fibra Uno’s international equity and debt offerings, including representing the initial purchasers in Fibra Uno’s historic IPO in 2011, its initial follow-on offering in 2012, subsequent follow-on offerings in 2013 and 2014 and international debt offerings in 2014, 2015 and 2016. After its IPO, Fibra Uno became the very first real estate investment trust (REIT) in Latin America and the first Mexican REIT to be utilized in the wake of a comprehensive legal overhaul in Mexico that created the “FIBRA,” a new Mexican investment vehicle, which bears many similarities to the U.S. REIT. Fibra Uno is now the largest real estate company in Latin America and one of the largest real estate companies worldwide.

Paul Hastings attorneys, using their strong real estate and Latin American experience, have worked on almost all of the international FIBRA transactions concluded to date.

Latin America practice partners Mike Fitzgerald and Arturo Carrillo led the Paul Hastings team, which also included partner Steven Sandretto, associates Eduardo Gonzalez and Stephanie Rohlfs and foreign associates Laura Berazaluce, Jorge Garduno and Laura D. Martinez.

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.