Eric Quiles | White & Case LLP International Law Firm, Global Law Practice
Eric Quiles
Eric Quiles

Eric Quiles

Associate, Mexico City

T +52 55 5540 9671

E eric.quiles@whitecase.com

Overview

Mr. Quiles joined White & Case in July 2013. His practice focuses on banking, finance and securities law. He has experience providing legal advice to international companies and financial institutions in debt or capital financial transactions, either through banking loans or securities issuances. He has been involved in bond issuances, syndicated loans, securitizations, corporate finance, mergers and acquisitions, real estate acquisitions, compliance of financial institutions and regulatory matters in the transportation sector and infrastructure projects.

Bars and Courts

  • Authorized to practice law in Mexico

Education

  • LLM, International Financial Law, King's College
  • Attorney at Law (Abogado), Escuela Libre de Derecho

Languages

  • English
  • Spanish

Experience

Comisión Federal de Electricidad (CFE) cebures issuance 2013 - 2015

Eric has represented CFE in the issuance of long term debt certificates (certificados bursátiles) under its MXN 100,000 million (approximately US$5.555 billion) program  as recurrent issuer registered in Mexico and listed in the Mexican Stock Exchange: (i) Second reopening of the sixth issuance, first reopening of the seventh issuance and eighth issuance of debt certificates (certificados bursátiles), for an aggregate amount of MXN 8,000 million (approximately US$480 million). (ii) First reopening of the sixth issuance and seventh issuance of debt certificates (certificados bursátiles), for an aggregate amount of MXN 10,000 million (approximately US$646 million). The debt certificates (certificados bursátiles) were fully registered with the CNBV and listed on the Mexican Stock Exchange. The reopening of the sixth issuance had a Mexican tranch and an international tranch, approximately 80% of such debt certificates were sold in Mexico and cleared through Indeval (Mexican securities clearing house) and 20% were sold outside of Mexico in reliance on rule 144A and Regulation S under the U.S Securities Act and cleared through Euroclear and Clearstream. (iii) Fifth and sixth issuance of debt certificates (certificados bursátiles), for an aggregate amount of MXN 15,000 million (approximately US$1.071 billion). This transaction has been the largest local debt offering by the CFE in its history and was the first local debt offering of CFE after the Energy Reform. (iv) Fourth issuance and first reopening of the third issuance of debt certificates (certificados bursátiles), for an aggregate amount of MXN 10,000 million (approximately US$769 million).

Comisión Federal de Electricidad (CFE) US$700 Million notes issuance and offering, 2015

Eric represented as Mexican Counsel BBVA Securities Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Goldman, Sachs & Co. as joint lead managers and joint bookrunners in the issuance and offering offering of CFE, of US$700 million 4.875% notes due 2045, under Rule 144A and Regulation S of the US Securities Act, listed in Luxembourg Stock Exchange and traded on the Euro MTF.

Comisión Federal de Electricidad (CFE) US$1.250 billion notes issuance and offering, 2014

Eric represented as Mexican Counsel Goldman, Sachs & Co., Citigroup and Barclaysin the issuance and offering of CFE, of US$1.250 billion 4.875% notes due 2024, under Rule 144A and Regulation S of the US Securities Act of 1933, listed in Luxembourg Stock Exchange and traded on the Euro MTF

Trust cebures issuance, 2013

Eric represented Casa de Bolsa BBVA Bancomer, in the registration of the MXN 2,700 million (approximately US$207 million) program and MXN 1,666 million (approximately US$128 million) first issuance of debt certificates (certificados bursátiles) under CFE Previous Expenses Administration Trust No. 10248 formed by CFE in the Banco Nacional de Comercio Exterior, S.N.C.

Banamex corporate restructure, 2013

Eric represented Grupo Financiero Banamex in the Merger of the two Sofomes (multiple - purpose financial entities) of the financial group,  such as Tarjetas Banamexas merging company, and Operadora e Impulsora de Negocios, , as merged company. Regulatory matters to obtain the governmental authorizations required from the Ministry of Finance and Public Credit (SHCP) and the National Banking and Securities Commission (CNBV).

Publications

  • Títulos Virtuales ("Dematerialized Securities") , Pandecta law journal. Third Epoch, Number 11, April–May 2005