Mexico in $1.5 Billion Debt Offering

Cleary Gottlieb represented the United Mexican States in a $1.5 billion offering of its 5.875% Global Notes due 2014. Credit Suisse, Deutsche Bank Securities and HSBC were joint lead managers on the deal, which closed on February 17.

The transaction was the second takedown from Mexico’s $80 billion global medium-term note program since the fall of 2008.