Chicago, March 26 – Operadora de Servicios Mega, SA de CV sold a $150 million add-on to its 8¼% notes due 2025 (Ba2), according to multiple press releases.
The Rule 144A and Regulation S offering was conducted as an add-on to the $350 million of notes sold in February 2020.
Barclays, Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC worked as underwriters on the issue.
Proceeds are being used for general corporate purposes.
The issuer is a Mexican specialty finance company with headquarters in Guadalajara.
| Issuer: | Operadora de Servicios Mega, SA de CV
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| Issue: | Notes
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| Amount: | $150 million
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| Maturity: | 2025
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| Bookrunners: | Barclays, Goldman Sachs & Co. and Morgan Stanley
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| Counsel to issuer: | Paul Hastings LLP
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| Counsel to underwriters: | Cleary Gottlieb
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| Coupon: | 8¼%
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| Pricing date: | March 25
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| Settlement date: | March 30
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| Ratings: | Moody’s: Ba2
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| Distribution: | Rule 144A and Regulation S
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