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The Firm represented Nacional Financiera, Sociedad Nacional de Crédito, Institución de Banca de Desarrollo (“Nafin”) in connection with its offering of US$500 million 3.375% Notes due 2020. The transaction was consummated pursuant to Rule 144A and Regulation S.

This was the first “Green Bond” transaction undertaken by a development bank in Latin America and the first of its kind in Mexico and represents Nafin’s first bond offering in the international capital markets in more than 18 years. The proceeds from the offering will be used to fund loans to renewable energy projects In Mexico, including wind energy generation and transmission infrastructure for wind energy projects.

Nafin is a development bank wholly owned by the Mexican government that provides access to affordable financing to micro-, small- and medium-sized enterprises operating in Mexico. Nafin also provides financing for energy and infrastructure development projects.

The Simpson Thacher team included Todd Crider, Jaime Mercado, Kirsten Davis, Eduardo Goldberg, Patrick Vergara and Hector Cardenas Ortega (Capital Markets); and David Holmberg (Tax).