The connection has presently improved For the reason that presidential election inside the US and will continue on to alter. It will likely be a Significantly more challenging relationship for Mexico and Mexican organizations, as the current US administration doesn't see Mexico as a honest lover, which for my part, is incorrect.
All this stated, it is achievable that parallel agreements can be performed that will essentially increase NAFTA, maybe reducing the wage differential concerning Mexico along with the US and guaranteeing that places wherever the two international locations are Plainly aligned (i.e. in Competitiveness with other parts of the planet) are the ones that are highlighted for uses of investment.
Barring any key calamities soon after Trump’s inauguration, we assume to check out greater investment by non-public fairness firms along with other companies with ample money to take a position, significantly with the devaluation from the Mexican peso. There are deals to become had for classy, seasoned traders who may have working experience with and therefore are comfy in the market. If the worth in the peso continues to be low, traders will commonly act, notwithstanding worries about Trump, as the fundamentals are there: (1) Mexico’s proximity towards the US and lengthy-recognized buying and selling ties towards the US; (2) the rather younger, experienced workforce in Mexico; and (3) the standard and worth of Mexican labor and providers.
In additional common financing issues, Walther-Meade’s encounter consists of representing all the industrial lenders around the $1.52bn modernization and expansion of PEMEX’s Cadereyta oil refinery in Nuevo León; and symbolizing Associates Group in its to start with major infrastructure investment in Latin The usa - the $750m acquisition of a majority stake in major Mexican gas-infrastructure operator, Fermaca. She also acted on one of several initial minimal-recourse job financings for mining projects in Mexico, representing the bank lenders towards the Milpillas Copper Mine Challenge, the main Mexican producer of gold, zinc and lead, in addition to a environment leader in silver production.
He has since helped several banking institutions devise revolutionary financings for Mexican companies and represented the sponsors on essential Mexican and Latin American infrastructure initiatives.
Each and every community supplying offered important hurdles at just about every phase inside the deal, also to great results for your shopper.
Grabar has considering the fact that labored with América Móvil on a number of financings, together with its issuance of the very first SEC-registered offering of debt securities denominated in Renminbi; and view website was also counsel to América Móvil plus the Slender loved ones in reference to Grupo Carso’s acquisition of AT&T’s stake in América Móvil for $5.6bn. In other do the job, Grabar has also represented the United Mexican States (UMS) in different recent securities choices issued below Mexico’s $110bn world wide medium-phrase Be aware method registered Along with the SEC, and outlined on the Luxembourg Inventory Exchange. These offerings have involved UMS’s 1st at any time “century” euro-bond providing and the very first euro issuance made up of Mexico’s amended collective motion and rating clauses.
More lately, she was Element of the Cleary team advising Mexico’s leading glass producer Vitro on a 2015 agreement to promote its glass containers division to Owens-Illinois for $2.1bn, a sale which incorporated five manufacturing vegetation in Mexico, one in Bolivia and related distribution property in the US. Other new issues incorporate performing as counsel to Credit score Suisse in its role as guide arranger in a very senior secured financial loan facility to paper output enterprise, Bio Pappel, disbursed in consecutive tranches of $105m and MXN$2.3bn in excess of two closing dates.
Additional broadly, she has represented A variety of international non-public issuers, underwriters, company and governmental entities on financial debt and fairness transactions in Latin The us. Not too long ago, she has represented Latin American corporate and sovereign issuers on debt and equity securities offerings and issuers, supplier administrators and creditors on restructuring transactions. She also advises Latin American issuers on their ongoing SEC reporting requirements, Sarbanes-Oxley compliance and corporate governance issues.
• Representing a Salvadoran read more telecommunications corporation in ICDR arbitration proceedings above disputes regarding interlink agreements.
Antonio Del Pino is co-chair of Latham & Watkin’s Latin The united states observe and is also broadly recognised as on the list of primary lawyers on Latin American transactions. His exercise concentrates on cross-border acquisitions, financings, personal fairness transactions and restructurings and has viewed him on a regular basis symbolize both equally financial institutions and borrowers.
Our consumers have remained faithful to us in Mexico for many years as a consequence of our familiarity With all the Mexican market and Mexican legal constructions, our years of working experience on Mexican specials, the longstanding relationships that We have now set up in Mexico, the flexibility of our total workforce in the slightest degree levels to operate seamlessly in both of those English and Spanish, our familiarity with Worldwide and Mexican very best practices, and our power to detect and accessibility good quality local authorized and non-authorized methods.
He has also advised clientele on the use their website of NAFTA as well as other treaty-dependent protections to address unfair therapy of US exports into Mexico.
I've worked on Mexican transactions due to the fact right before NAFTA. Our practice has developed along with the growth and globalization of Mexico.