The Firm represented BofA Merrill Lynch and J.P. Morgan, as initial purchasers, in connection with an offering of $450 million of 5.625% Senior Notes due 2018 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.
Sigma, a Mexican company, is a leading producer, marketer and distributor of processed meats, cheese, yogurt and prepared meals throughout Mexico, as well as in the United States, 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 and Jonathan Lieberman Fernández (Capital Markets), Michael Isby (Environmental), and Jonathan Cantor and Chang Won Choi (Tax).