Milbank Represents Lenders in $547 Million Financing for Deepwater Drillship to be Developed by Mexico’s Grupo R and Leased by Pemex

In a key deal supporting Mexico’s exploration of its offshore energy reserves, Milbank, Tweed, Hadley & McCloy has represented an international lender group in arranging a $547 million loan for the financing of a new-generation deepwater drilling rig to be used for oil exploration in the Gulf of Mexico.

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Tags:  Milbank LLP | Mexico City

Milbank Represents International Lenders in $378 Million Financing of Major Gas Pipeline in Chihuahua, Mexico

In its latest large-scale project finance transaction in Latin America, law firm Milbank, Tweed, Hadley & McCloy has represented a group of international lenders in financing a 237-mile, 36-inch natural gas transmission pipeline being laid in the Mexican state of Chihuahua, with an interconnection point at the US / Mexico border. The debt provided was a US$378 million facility, while total project costs for the pipeline – expected to bring US supplies of natural gas to several Mexican states – are estimated at US$472 million.

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Tags:  Milbank LLP | Mexico City

DLA Piper Opens Mexico City Office with Launch of Mexico Practice

DLA Piper today announced that it has opened an office in Mexico City with the addition of a 14-lawyer team from Thompson & Knight LLP.  This group is led by partners Carlos Valencia and Manuel Rajunov, who will serve as co-managing partners of the Mexico City office, and partners Miguel de Erice, Guillermo Uribe and Tatiana Escribano, as well as Dania Duncan as of-counsel and eight associates.

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Tags:  DLA Piper | Mexico City

Greenberg Traurig Continues to Grow its Mexico City Office with the Addition of Shareholder Juan Manuel Gonzalez Bernal and a Group of Six Lawyers

The international law firm Greenberg Traurig, LLP announced today that Juan Manuel Gonzalez Bernal (“Gonzalez”) has joined the firm as a shareholder in its newly established office in Mexico City. Gonzalez brings with him a group of six lawyers to practice in the Global Energy and Infrastructure Practice, including of counsel Pedro J. Reséndez and associates Carlos R. Garduño and Miguel Yturbe.

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Tags:  Greenberg Traurig, LLP | Mexico City

Chadbourne & Parke Represents Mexican Government Mortgage Lender Fovissste In Large Cross-Border Securitization

Chadbourne & Parke LLP represented Mexican government mortgage FOVISSSTE in two recent large deals. The first deal, completed on August 8, was a private cross-border mortgage backed securitization worth approximately US$450 million. The second deal, completed on August 22, was an approximately $US325 million issuance of its TFOVI program in the Mexican Stock Exchange.

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Tags:  Mexico City