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Paul Hastings Advises Initial Purchasers on US$350 Million High Yield Bond Offering by Empresas ICA, S.A.B. de C.V.

July 26, 2012
New York, NY (July 26, 2012) Paul Hastings, a leading global law firm, announced today that the firm represented the initial purchasers on an offering of 8.375% senior guaranteed notes due 2017 of Empresas ICA, S.A.B. de C.V. (BMV:ICA) (NYSE:ICA), Mexico's largest construction and infrastructure operations company. The deal was upsized from US$300 million and was more than six times oversubscribed reflecting strong investor interest in Latin America high yield issuances. Proceeds of the high yield debt offering will be used to pay short term debt.

Latin America practice partners Taisa Markus and Mike Fitzgerald led the Paul Hastings team, which also included associates Veronica Rodriguez, Iris Figueroa, Emily Winston and foreign associate Carlos Jimenez.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.