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Laura joined White & Case in 2017 and has focused her practice mainly in financial regulatory matters, capital markets and general corporate matters.
Laura's experience includes corporate governance matters consistent with providing expert input on meeting regulatory compliance obligations with the National Banking and Securities Commission, the Mexican Stock Exchange, and the Ministry of Economy, among other regulatory financial authorities, as well as obtaining regulatory authorizations for the incorporation and operation of financial entities in Mexico.
Before joining White & Case, Laura worked for two years in a law firm specialized in corporate law.
Representation of Cydsa, S.A.B. de C.V. as issuer in an international offering of US$330 million aggregate principal amount of 6.250% senior notes due 2027, pursuant to Rule 144A and Regulation S. Cydsa was established in 1945 and offers products and services ranging from edible salt to specialty chemicals for diverse industries to clean energy alternatives and hydrocarbon storage. Cydsa used the offering proceeds to refinance a portion of the Cydsa group's outstanding debt, including a bridge loan granted by Goldman Sachs Bank USA and a syndicated loan. The notes are guaranteed by certain of Cydsa's subsidiaries. Goldman Sachs & Co. LLC acted as lead book-running manager and global coordinator, Citigroup Global Markets Inc. acted as joint book-running manager and BBVA Securities Inc., Santander Investment Securities Inc. and Scotia Capital (USA) Inc. participated as co-managers. The notes are listed on Singapore Exchange Securities Trading Ltd.
Representation of Grupo Financiero Banorte, S.A.B. de C.V. (BMV: GFNORTE, GFNORTEO; OTCQX: GBOOY, Latibex: XNOR) in reaching an agreement to acquire Grupo Financiero Interacciones, S.A.B. de C.V. (BMV: GFINTER), including its banking, broker-dealer, insurance and asset manager subsidiaries, through a merger valued at approximately US$1.4 billion. The transaction would position GFNORTE as the second-largest financial group in Mexico and as the largest infrastructure lender. GFINTER shareholders will receive a combination of cash, via distribution immediately prior to the merger closing, and new GFNORTE shares issued in a stock-for-stock merger. Closing of the transaction is subject to approval of GFNORTE's and GFINTER's general shareholders meetings, regulatory and governmental authorizations and completion of due diligence.
Representation of Consejo de Asistencia al Microemprendedor, S.A. de C.V., S.F.P. (CAME) in its third issuance of long-term debt securities in the form of certificados bursátiles for an amount of MXN 200 million (approximately US$10.5 million), at a floating rate of TIIE (Interbank Offering Rate in Mexico) plus 2.00 bp, maturing October 2020. The securities were offered and placed in the Mexican securities market. The International Financial Corp. participated in the offering, granting a 40% guarantee on the aggregate of the outstanding amount. CAME use the proceeds to fund the growth of its loan portfolio.
Representation of BBVA Bancomer, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA Bancomer as administrative agent, collateral agent, sole bookrunner and lender, and a syndicate of lenders, in an MXN 850 million syndicated term loan facility, which involves a first tranche for MXN 550 million non-revolving term loan and a second tranche for MXN 300 million revolving loan, granted to Alucaps Mexicana, S.A. de C.V. and Alucaps Mexicana de Occidente, S.A. de C.V., as co-borrowers. The proceeds were used to refinance a portion of the co-borrowers' outstanding debt, working capital and general corporate purposes. Grupo Alucaps Mexicana, S.A. de C.V. and Inmobiliaria Tepotzotlán, S.A. de C.V., acted as guarantors, and the loan was secured by a blanket lien mortgage created over all the assets of the co-borrowers.