Laura Campos Carrillo
Laura joined White & Case in 2017 and has focused her practice mainly in financial regulatory matters, capital markets and general corporate matters.
Laura has thorough experience in 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.
Grupo Financiero Banorte US$1.4 Billion Merger with Grupo Financiero Interacciones
Representation of Grupo Financiero Banorte, S.A.B. de C.V. (BMV: GFNORTE, GFNORTEO; OTCQX: GBOOY, Latibex: XNOR) in reaching an agreement to acquire through merger 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 positioned GFNORTE as the second-largest financial group in Mexico and as the largest infrastructure lender.
Representation of BlackRock Inc., an entity with approximately US$6 trillion in assets under management, on BlackRock's acquisition of the asset management business of Citibanamex, a subsidiary of Citigroup Inc. This transaction involved approximately US$35 billion in assets under management.
Fibra Shop MXN 2.3 Billion Notes Offering and Exchange Offer
Representation of Fibra Shop (BMV: FSHOP), an investment trust vehicle under Mexican law dedicated to the acquisition, development and operations of shopping centers in Mexico, in the regulatory procedure to increase the maximum amount of a dual program established in 2015 to issue short- and long-term debt notes in the Mexican market from MXN 8 billion to MXN 9 billion, on the fourth and fifth offerings under such program with the following characteristics: MXN 130 million TIIE+1.50% notes due 2023 with respect to the notes FSHOP 19, and 359,243,000 Units of Investment (UDIs), equal to approximately MXN 2.2 billion 5.80% notes due 2025 with respect to the notes FSHOP 19U; and on the offer to exchange any and all of its outstanding notes FSHOP 15 for newly issued notes FSHOP 19 and FSHOP 19U. Casa de Bolsa BBVA Bancomer, S.A. de C.V., Grupo Financiero BBVA Bancomer and HSBC Casa de Bolsa, S.A. de C.V., Grupo Financiero HSBC acted as underwriters, Banco Sabadell, S.A., Institución de Banca Múltiple acted as special advisor and Monex Casa de Bolsa, S.A. de C.V., Monex Grupo Financiero acted as common representative.
Aeroméxico Securitization of Collection Rights from Tickets
Representation of Aerovías de México, S.A. de C.V. (Aeroméxico) in the securitization of collection rights derived from airline ticket sales paid through credit cards and processed by BBVA, Banorte, Citibanamex and Santander (as acquirer). Representation of Aeroméxico in the registration of an issuance program of trust debt certificates (certificados bursátiles fiduciarios) for a maximum amount of MXN 7 billion (approximately US$363.7 million), and in the first issuance under the program for an amount of MXN 2.7 billion (approximately US$137.8 million) due 2024 and with an interest rate of TIIE + 1.68%. Actinver and BBVA acted as underwriters, and CIBanco as common representative of the holder. The issuer is a trust executed by and between Aeroméxico as trustor and Deutsche Bank as trustee.
Cydsa US$330 Million Notes Offering
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 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.
CAME MXN 200 Million Third Long-Term Debt Issuance
Representation of Consejo de Asistencia al Microemprendedor, S.A. de C.V., S.F.P. 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 used the proceeds to fund the growth of its loan portfolio.
MXN 850 Million Syndicated Term Loan Facility for Alucaps
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.