The Firm represented Deutsche Bank Securities Inc. and Santander Investment Securities Inc., as initial purchasers, in connection with an offering of $250 million of 6.875% Senior Notes due 2019 by Sigma Alimentos, S.A. de C.V. The offering was conducted in reliance upon Rule 144A and Regulation S under the Securities Act of 1933 and constituted Sigma’s inaugural offering in the international capital markets.
Sigma, a Mexican company, is a leading producer, marketer and distributor of processed meats, cheese, yogurt and prepared meals throughout Mexico, as well as for the Hispanic market in the United States and in Central America, the Dominican Republic and Peru. Sigma is a wholly-owned subsidiary of Alfa, S.A.B. de C.V., a major Mexican conglomerate.
The Simpson Thacher team for the debt offering included, among others, Glenn M. Reiter, Kirsten L. Davis, Juan Francisco Mendez, Ignacio de la Huerta and Jorge Allende (Capital Markets), Michael Isby (Environmental) and Jonathan Cantor (Tax).