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The United Mexican States Announces Tender Results
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The United Mexican States Announces Tender Results
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The United Mexican States Announces New Offering of its Global Notes and Tender Offer
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New Notes Offering
Mexico ) announced today the commencement of a global offering (the
New Notes Offering ) of its global notes to be denominated in U.S. dollars due 2041 (the
New Notes ). The New Notes offered may include New Notes that are issued and sold to certain tendering holders in the Tender Offer (as described below). BBVA Securities Inc., BofA Securities, Inc., Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC will serve as Joint Lead Underwriters for the New Notes Offering.
Republic of Paraguay
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Paraguay ) announced today the commencement of an offer to purchase for cash (the
Tender Offer ) its outstanding 4.625% Bonds due 2023 (the
Old Bonds ) such that the aggregate Purchase Price (as defined below) to be paid for the Old Bonds tendered and accepted for purchase pursuant to the Tender Offer is equal to a maximum purchase amount to be determined by Paraguay in its sole discretion. The terms and conditions of the Tender Offer are set forth in the offer to purchase, dated January 20, 2021 (the
Offer to Purchase ).
The Tender Offer is not conditioned upon any minimum participation of Old Bonds, but is conditioned, among other things, on the pricing, but not the closing, of a new issuance of Paraguay s bonds due 2033 and an additional issuance of Paraguay s existing 5.400% Bonds due 2050 (together, the
The United Mexican States Announces Tender Results
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Mexico ) previously announced an offer to purchase for cash (the
Tender Offer ) its outstanding notes of series set forth in the table below (collectively, the
Old Notes ), on the terms and subject to the conditions contained in the Offer to Purchase, dated January 14, 2021 (the
Offer to Purchase ). Mexico has instructed Citigroup Global Markets Inc., as the billing and delivering bank for the Tender Offer, to accept, subject to proration and other terms and conditions contained in the Offer to Purchase, valid Preferred Tenders and Non-Preferred Tenders in aggregate principal amounts for each series of Old Notes as set forth below. All capitalized terms used but not defined in this communication have the respective meanings specified in the Offer to Purchase.
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