Shearman And Sterling

News Oct 30, 2014

Shearman & Sterling Advises on Financing of Mexico’s New Airport

Shearman & Sterling advised Banco Inbursa, S.A., Institución de Banca Múltiple, Grupo Financiero Inbursa, BBVA Bancomer, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA Bancomer, Citigroup Global Markets Inc. and HSBC Bank USA, N.A., as joint lead arrangers and joint bookrunners, in connection with a $1 billion financing, the first stage of the proposed $12.9 billion financing, related to the development and construction of a new airport in Mexico City, a project described as Mexico's biggest infrastructure project in recent years and among the largest in the world.

The Shearman & Sterling team included partner Gregory Tan (New York-Project Development & Finance); counsel Alexandro M. Padrés (New York-Project Development & Finance); and associates Andre Teixeira (New York-Project Development & Finance), Richard Facundo (New York-Project Development & Finance), Jackson Murley (New York-Project Development & Finance) and Christian Pugaczewski (New York-Asset Management).