Latham & Watkins Advises Prudential on Fibra EXI’s MXP2.8 Billion Holdco Debt Private Placement

Fibra EXI, which owns a portfolio of brownfield projects across Mexico comprising four toll roads and one toll tunnel, is managed by Mexico Infrastructure Partners (MIP). MIP is the largest Mexican energy and infrastructure fund manager with investments in the transportation, energy, telecommunications, and water sectors in Mexico, Colombia, and Peru.

The notes, which were placed by Goldman Sachs under Section 4(a)(2) of the Securities Act of 1933, as amended, were used to refinance a syndicated revolving loan facility with Mexican banks.

Latham & Watkins LLP represented PGIM, Inc. and certain of its managed accounts, as note purchasers with a deal team led by partner Guido Liniado, with associate Andres Chester and international visiting attorney Emiliano Flores. Advice was also provided on tax matters by partner Elena Romanova.