New York, NY-- Paul Hastings, a leading global law firm, announced today that the firm acted as counsel to the underwriters Credit Suisse, Bank of America Merrill Lynch and Citigroup in the offering of $1 billion of 4.125% 10 year bonds by Banco Inbursa, S.A., a leading Mexican commercial bank, which is controlled by Carlos Slim and members of the Slim family. The offering was Banco Inbursa’s first ever international debt offering.
The bonds were offered in a private placement to qualified institutional buyers pursuant to Rule 144A and Regulation S under the Securities Act of 1933.
Latin America practice partners Mike Fitzgerald and Arturo Carrillo led the Paul Hastings team, which also included counsels Pedro Reyes and Steven Sandretto, associates Ulric Lewen and Gonzalo Gutierrez and international attorney Leopoldo Gomez-Grassi. Paul Hastings is a leading global law firm with a strong presence throughout Asia, Europe, Latin America, and the United States. Through a collaborative approach, entrepreneurial spirit, and commitment to client service, the professionals of Paul Hastings deliver innovative solutions to many of the world’s top financial institutions and Fortune 500 companies.