Milbank LLP represented the initial purchasers in connection with the $700 million offering of 5.621% senior notes due 2029 by Banco Santander Mexico, S.A., Institución de Banca Multiple, Grupo Financiero Santander México.
Banco Santander México is one of the leading financial groups in the country, offering a wide range of products and services including commercial and retail banking, brokerage and financial advisory services as well as other investment activities.
“We are pleased to have worked with the initial purchasers on this important notes offering,” said Marcelo Mottesi, chair of Milbank’s Corporate Finance and Securities practice and co-head of the firm’s Latin America group. “This transaction demonstrates our firm’s continued leading presence in transactions by Latin American financial institutions, as well as within the Mexican and Latin American debt markets generally.”
The Milbank deal team was led by Mr. Mottesi with support from Corporate Finance and Securities special counsel Andres Osornio Ocaranza, associate Enrique Lopez Scherer and international attorneys Pamela Molina and Manuel Etchevehere.
