Holland & Knight Advises Infonacot on New Securities Issuance
MEXICO CITY (June 24, 2016) – Holland & Knight acted as deal counsel in a $45 million ($800 million peso) securities issuance by Mexican state consumer lending agency Infonacot (Instituto del Fondo Nacional para el Consumo de los Trabajadores) on the Mexican stock exchange.
Infonacot placed the securities on June 23. Actinver Casa de Bolsa, S.A. de C.V. acted as placement agent.
The issuance is part of Infonacot’s $570 million ($10 billion peso) debt program.
Holland & Knight Mexico City-based Partner Alejandro Landa Thierry led the firm’s representation of Infonacot with the assistance of associate Armando Figueroa.