Client name

Consortium of private placement investors that purchased the notes issued by Fibra Prologis for an amount of USD$300 million.

Deal description

Mexican legal advisors to the private placement investors in the acquisition of USD$300 million senior unsecured notes issued by Fibra Prologis, pursuant to Section 4(a)(2) of the Securities Act of 1993 of the United States of America.

The notes were issued in five tranches (i) US$100 million “green” tranche in aggregate principal amount maturing on July 1, 2029, (ii) US$80 million aggregate principal amount maturing on July 1, 2031, (iii) US$80 million in aggregate principal amount maturing on July 1, 2033, (iv) US$25 million in aggregate principal amount maturing on July 1, 2036, and (v) US$15 million in aggregate principal amount maturing on July 1, 2039.

Additional comments on matter importance

The net proceeds from the notes will be used to refinance existing indebtedness and for general corporate purposes. The net proceeds from the "green" tranche will be used to finance or refinance, in whole or in part, certain eligible green projects.

Jurisdictions and governing law

United States of America
Mexico

Value of the deal

US$300,000,000.00 (Three Hundred Million Dollars)

Date of Closing or Signing

July 1, 2021

Practice area

Capital Markets

Partner(s)

Jorge Cervantes Trejo
Daniel Guaida Azar

Other lawyers involved from GC

José María Castro Farrés (associate)
Alonso Mirón Granados (associate)

Other firms involved

United States of América

  1. Greenberg Traurig LLP, as US counsel to investors – Alejandra García Earley (Of Counsel), Eric W. Larson (Associate).
  2. Mayer Brown LLP, as US counsel to Fibra Prologis – Jennifer A. Kratochvil (Partner), Mckay S. Harline (Associate).

México

  1. Creel García – Cuellar, Aiza y Enríquez – as Mexican counsel to Fibra Prologis – Rodrigo Castelazo D. (Partner), Mauricio Rascón (Associate)