Terrafina $425 Million Notes Offering
Davis Polk advised representatives to the initial purchasers in connection with a Rule 144A and Regulation S offering by Terrafina of $425 million aggregate principal amount of 5.250% senior notes due 2022.
Terrafina is a Mexican real estate investment trust (“FIBRA”) anchored by a large industrial portfolio and externally advised by PLA Administradora Industrial, S. de R.L. de C.V., an affiliate of PREI Latin America. Terrafina’s portfolio includes 196 developed industrial facilities with a collective gross leasable area of approximately 28.3 million square feet as of June 30, 2015.
The Davis Polk corporate team included partner Maurice Blanco, counsel Katia Brener and associates Lauren Obee and Jennifer (Yujia) Jiang. The tax team included partner Michael Mollerus and associate Caitlin Piper. Members of the Davis Polk team are based in the New York and Madrid offices.