Axtel $500 million 6.375% notes issue

13/11/2017

Investment grade bond/note issue

Value:

$ 500 million

Status:

Completed

Date:

13/11/2017

Overview:

Axtel has issued $500 million in senior notes.
The 6.375% notes are due 2024.
The issuer is an information and communications technology company, operating in Mexico.
BBVA, Citigroup, JP Morgan and Santander have acted as initial purchasers.

Katrin Kostadinova - Data analyst

Jurisdiction:

Mexico

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

Mexico

Industry sector:

Technology and telecommunications

Firms:

Cleary Gottlieb Steen & Hamilton

Party: BBVA (Initial purchaser)

Party: Citigroup (Initial purchaser)

Party: JP Morgan (Initial purchaser)

Party: Santander (Initial purchaser)

Lawyer: Jorge Juantorena

Paul Hastings

Party: Axtel (Issuer)

Lawyers: Joy Gallup, Michael Fitzgerald, Pedro Reyes

Related deals