Minera México $1 billion notes offering
The investment-grade notes are due 2032
Davis Polk advised the initial purchasers in connection with the Rule 144A / Regulation S offering by Minera México, S.A. de C.V. of $1 billion aggregate principal amount of its 5.625% senior notes due 2032.
Headquartered in Mexico City, Minera México has approximately 10,040 employees, and its products are sold primarily in Mexico and the United States. Minera México is a subsidiary of Southern Copper Corporation, one of the largest integrated copper producers in the world, whose common stock is traded on the New York Stock Exchange and the Lima Stock Exchange.
The Davis Polk corporate team included partner Maurice Blanco and counsel Katia Brener. Partner Mario J. Verdolini and associates Fred Fu and Benjamin Silver advised on U.S. tax matters. All members of the Davis Polk team are based in the New York office.