Mexico in $2 Billion Notes Offering

January 6, 2012

Cleary Gottlieb represented the United Mexican States in the $2 billion offering of its 3.625% notes due 2022. Deutsche Bank Securities and Morgan Stanley acted as joint lead managers. The deal launched on January 3 and closed on January 6.

The deal was one of the year’s first emerging-market bond offerings, selling at a record-low yield. The notes were issued under Mexico’s medium-term note program registered with the SEC, and are listed on the Luxembourg Stock Exchange.