Global law firm Greenberg Traurig, LLP represented Volkswagen Leasing, S.A. de C.V. (VWL) in the public offering of debt certificates for an amount of MX$2,000,000,000.00 in the Mexican Stock Exchange. The offering was carried out on June 23 and the liquidation on June 25. The debt certificates have an irrevocable and unconditional guaranty of Volkswagen Financial Services Aktiengesellschaft. The offer was made under the VWL recurrent issuer program.
Volkswagen Leasing, S.A. de C.V. is a subsidiary of Volkswagen Financial Services AG in Mexico and was formed in September 2006. The company provides financing solutions for vehicle, insurance, and maintenance services, as well as equipment and accessories.
“We are honored to have represented Volkswagen Leasing, S.A. de C.V. and for the trust that they placed in us for this important transaction,” said Mexico City office Infrastructure Practice Shareholder Juan Manuel Gonzalez Bernal and Corporate Practice Shareholder José Antonio Butrón Quintero, in a joint statement. “We congratulate VWL for the effort and for being one of the first automotive provider to reopen in the market after the pandemic.”
Gonzalez Bernal and Butrón Quintero led the Mexico City office attorney team that included Corporate Practice Associates David Argueta, Enrique Rugerio Lira, and Daniel Pimentel Zaga.
About Greenberg Traurig Mexico: Greenberg Traurig’s Mexico City office offers clients innovative, strategic advice and legal services that span both traditional fields and contemporary regulatory sectors. The office has more than 60 bilingual attorneys who have been contributors to major national projects in Mexico and leverages the resources and reach of the firm’s global platform to provide clients with tailored legal services reflective of the specific industry and market conditions in which they operate. The Mexico City office is an integral part of the firm’s award-winning Latin America Practice, and has been recognized with leading banking, corporate, M&A, infrastructure, real estate, privacy, energy, administrative litigation, and competition practices in Mexico.
About Greenberg Traurig: Greenberg Traurig, LLP (GT) has approximately 2200 attorneys in 40 locations in the United States, Latin America, Europe, Asia, and the Middle East. GT has been recognized for its philanthropic giving, diversity, and innovation, and is consistently among the largest firms in the U.S. on the Law360 400 and among the Top 20 on the Am Law Global 100. The firm is net carbon neutral with respect to its office energy usage and Mansfield Rule 3.0 Certified. Web: http://www.gtlaw.com