GC acted as independent counsel to NR Finance Mexico


Gonzalez Calvillo, December 18th, 2023 – Acted as independent counsel to NR Finance México, S.A. de C.V. (“NRFM”) in in the first public offering and issuance of short term certificados bursátiles under their new dual program for MXP$67’439,000 million, listed in the Mexican Stock Exchange (ticker: NRF 00123). The offering process was realized by a bidding mechanism.

The short-term certificados bursátiles purpose of the offering are due on January 18, 2024.

Nissan Motor Acceptance Company LLC (NMAC) acted as guarantor of NRFM; BBVA and Scotiabank as underwriters, and CIBanco as common representative of the bond holders.

The issuances of short term certificados bursátiles have a credit rating of “F1+(mex)” grated by Fitch Ratings, and “ML A-1.mx” by Moody’s.

This transaction represented the return of the presence of NRFM in the issuance of short term commercial paper in the Mexican securities market.

Bernardo Reyes Retana K.


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Diego Hernández Abascal


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For almost four decades, González Calvillo has challenged the standards and rewritten the full-service firm model with a solution-oriented approach, evolving the practice of law in Mexico. Our firm is driven by the commitment to doing things differently, having a deep knowledge of the Mexican legal ecosystem, and our behaviour and interaction with today’s globalised business environment. That is how over 150 people between partners, counsel, associates, and other business professionals are responsible for making González Calvillo one of Mexico’s leading law firms. Our firm’s services are designed to help clients solve their most complex and challenging legal issues, finding the best solution for each case. By understanding clients’ business culture and strategy, González Calvillo establishes a close and strategic alliance that enables them to achieve more. For more information, please visit www.gcsc.com.mx

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