Clifford Chance Advises Mobiliare LatAm on $500 Million Debut 144A/Reg S Notes Issuance

"Clifford Chance advised Mobiliare Latam, S.A. and Mobiliare Latam México, S.A. de C.V. on a debut Rule 144A/Reg S issuance of US$500 million 6.750% notes due 2032, guaranteed by Mobiliare subsidiaries across multiple Latin American jurisdictions. The transaction is the largest issuance by a Latin American real estate C‑Corp in over a decade and the first multi‑country LatAm real estate platform to access international debt markets."

Clifford Chance advised Mobiliare Latam, S.A. and Mobiliare Latam México, S.A. de C.V. as co‑issuers, with the notes guaranteed by subsidiaries of Mobiliare operating across several Latin American jurisdictions. The transaction comprised a debut Rule 144A/Reg S offering of US$500 million aggregate principal amount of 6.750% notes due 2032. The notes are guaranteed by Mobiliare subsidiaries across multiple Latin American jurisdictions. Mobiliare is a Latin American real estate company with active operations in Guatemala, Peru, Mexico, Costa Rica, El Salvador, Colombia, Ecuador, Honduras and Nicaragua. The issuance, the largest by a Latin American real estate C‑Corp in more than ten years, makes Mobiliare the first multi‑country Latin American real estate platform to access the international debt capital markets. Clifford Chance represented Mobiliare Latam, S.A. and Mobiliare Latam México, S.A. de C.V. with a team composed by: partner Hugo Triaca; associates Joyce Moore and Agata Radajczyk; and foreign law clerks Casilda Caso and Camila Munive. Additional support was provided by Clifford Chance's specialist groups: 40 Act team — partner Jefferey LeMaster and associates Emily Picard and Jillian Leavey; Tax team — partner Avrohom Gelber and associate Wei Bin Tan; ERISA team — associate Thomas Koh.

Clifford Chance Advises Mobiliare LatAm on $500 Million Debut 144A/Reg S Notes Issuance

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