IFLR1000

Mexico City Airport FIBRA E IPO

26/3/2018
IPO, Project finance
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$ 1.5 billion

Announced

26/3/2018

Overview:

  • The Mexico City Airport FIBRA E has undertaken an IPO to finance the construction and development of the Mexico City New International Airport. 
  • FIBRA Es are structured in similar fashion to FIBRAs (real estate investment vehicles) and were introduced to promote investment in Mexico’s energy and infrastructure sectors.
  • Earlier this year, CFE, Mexico's state-owned electricity company, also raised capital through a FIBRA E IPO. 
  • Credit Suisse has acted as global coordinator and initial purchaser.
  • Citigroup has acted as initial purchaser.

Katrin Kostadinova - Data analyst

Jurisdiction:

Mexico

Deal types:

IPO
Project finance

Practice areas:

Project finance
Capital markets : Equity
Capital markets : Structured finance and securitisation

Governing law:

Mexico

Industry sector:

Government and public policy

Firms:
Cleary Gottlieb Steen & Hamilton

Party: Mexican Ministry of Communications and Transportation (Offeror)

Party: Grupo Aeroportuario de la Ciudad de Mexico (Offeror)

Party: Aeropuerto Internacional de la Ciudad de Mexico (Offeror)

Lawyers: Amélie Champsaur, Jorge Juantorena

Creel García-Cuéllar Aiza y Enríquez

Party: Credit Suisse (Global coordinator, Initial purchaser)

Party: Citigroup (Initial purchaser)

Lawyer: Carlos Zamarrón

Jones Day

Party: Grupo Aeroportuario de la Ciudad de Mexico (Offeror)

Lawyers: Alberto de la Parra, Jesús Gabriel Altamirano

Paul Hastings

Party: Credit Suisse (Global coordinator, Initial purchaser)

Party: Citigroup (Initial purchaser)

Lawyers: Arturo Carrillo, Joy Gallup, Michael Fitzgerald

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