The Firm recently represented Concesionaria Mexiquense, S.A. de C.V. (“Conmex”), a wholly-owned subsidiary of OHL México, S.A.B. de C.V. (“OHL Mexico”), in connection with its approximately U.S.$1.4 billion debt refinancing, through (i) the issuance by Conmex of 1,633,624,000 in aggregate principal amount of 5.95% UDI denominated Senior Secured Notes due 2035 and 2,087,278,000 in aggregate principal amount of UDI denominated Zero Coupon Senior Secured Notes due 2046, where Goldman, Sachs & Co. acted as initial purchaser and sole book-running manager; (ii) a credit facility to Conmex denominated in Mexican pesos for an aggregate principal amount of MXN$6,465 million from Goldman Sachs Bank USA as initial lender and administrative agent; and (iii) a credit facility to Organización de Proyectos de Infraestructura, S. de R.L. de C.V., a subsidiary of OHL México and parent of Conmex, denominated in U.S. Dollars in aggregate principal amount of U.S.$300 million from Goldman Sachs International as initial lender and administrative agent. The UDI (Unidad de Inversión) is an inflation based indexed unit created by the Central Bank of Mexico (Banco de México), and linked to the Mexican peso.

Conmex will use the net proceeds of the offering for the prepayment of its existing debt, the payment of related costs and expenses and the funding of certain reserve accounts.

Conmex is the concessionaire of the Mexico City Beltway, a concession with a term through 2051, for the design, construction, exploitation and operation of 155 km of toll roads of the Highway System for the East of the State of Mexico (Sistema Carretero del Oriente del Estado de México), also known as the “Circuito Exterior Mexiquense”.

OHL Mexico is one of the principal transportation infrastructure concession operators in the private sector in Mexico and the leading toll road operator in Mexico City’s greater metropolitan area in terms of number of concessions and kilometers of toll roads in operation and under concession.

The Simpson Thacher team for the transaction included Todd Crider, Eduardo Goldberg and Alberto Bustamante (Capital Markets), Alan Brenner, Richard Kim and Benjamin Baucom (Credit) and Jonathan Cantor and Devin Heckman (Tax).

Lawyers:
• Benjamin J.C. Baucom
• Alan G. Brenner
• Jonathan E. Cantor
• S. Todd Crider
• Eduardo Goldberg
• Devin J. Heckman
• Richard C. Kim

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