Fibra Uno Issues US$500 Million in Senior Notes

June 08, 2016

New York, NY – Paul Hastings LLP, a leading global law firm, represented BBVA, Deutsche Bank Securities, Goldman, Sachs & Co., BofA Merrill Lynch, Credit Suisse, HSBC and Itaú BBA as initial purchasers in connection with a US$500 million senior notes offering by Fibra Uno. The offering consisted of a US$200 million reopening of Fibra Uno’s 5.250% Senior Notes due 2026 and a US$300 million reopening of Fibra Uno’s 6.950% Senior Notes due 2044. The notes were issued pursuant to Rule 144A and Regulation S.

Paul Hastings attorneys have been involved in all of Fibra Uno’s international debt and equity 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 and 2015. 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.

Paul Hastings attorneys, using their strong real estate and Latin American franchises, 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, associate Eduardo Gonzalez and foreign associate Francisco Forastieri.

Paul Hastings is a leading global law firm with a strong presence throughout Asia, Europe, Latin America, and the United States. Through a collaborative approach, entrepreneurial spirit, and commitment to client service, the professionals of Paul Hastings deliver innovative solutions to many of the world’s top financial institutions and Fortune 500 companies.