Deutsche Bank in $200 Million Securitization of Mexican Receivables

September 25, 2006

Cleary Gottlieb represented Deutsche Bank in the $200 million securitization of receivables from various customer obligors due to subsidiaries of Grupo TMM, S.A. The securitization closed on September 25.

Grupo TMM is the largest Mexican logistics and transportation company, and the dominant provider of logistical outsourcing services, trucking, specialized maritime and port management in Mexico.

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Deutsche Bank in $200 Million Securitization of Mexican Receivables