RodrigoGómez Ballina

Partner

Mexico City + 52.55.3000.4034

Rodrigo Gómez Ballina has more than 18 years of experience advising on all aspects of federal and international Mexican taxation, including the tax aspects related to M&A transactions, restructurings, and intellectual property licensing. He also counsels clients in defending tax disputes, including tax audits, appeals, and settlement process. Several of the cases he has handled constituted case law issued by the Mexican Supreme Court of Justice.

Rodrigo's primary focus is on the Mexican-side of cross-border taxation, and he typically works with Mexican subsidiaries of foreign clients regarding their investments in Mexico. He also works with private equity clients, sovereign investors, and funds to structure their investments in the most tax-efficient manner.

Representative engagements include counsel for NII Holdings for all the Mexican tax aspects in connection with the sale of its Mexican operations managed by its indirect subsidiary, Nextel de Mexico, S.A. de C.V., to AT&T for $1.875 billion, less the outstanding net debt of the business at closing.

Rodrigo has published several articles in tax journals in Mexico and abroad. He is author of two chapters on international tax issues in two books, both published in Austria. He is a member of the International Fiscal Association and of the American Chamber of Commerce and has been involved with their fiscal commission.

Experience

  • The Duchossois Group sells The Chamberlain Group LLC to BlackstoneJones Day advised The Duchossois Group, Inc. in the sale of The Chamberlain Group LLC, a global leader in smart access solutions, to private equity funds managed by Blackstone.
  • Tekni-Plex acquires Johnson Plastic GroupJones Day advised Tekni-Plex, Inc., a portfolio company of Genstar Capital, in its acquisition of Johnson Plastic Group, a precision extrusion manufacturer who specializes in medical device applications, as part of a strategy to expand the company's medical device footprint.
  • ARMOR USA acquires industrial segment of International Imaging Materials, Inc.Jones Day represented Armor SAS and ARMOR USA, Inc., a French-based company that specializes in the industrial formulation of inks and the coating of thin layers onto thin films, in the acquisition and financing of International Imaging Materials, Inc. ("IIMAK"), a global developer and manufacturer of value-added consumable solutions for industrial applications.
  • Grupo Gigante refinances more than MXN$10 billion peso banking debt in multi-phase transactionJones Day represented Grupo Gigante in connection with a multi-phase refinancing of its more than MXN$10 billion peso banking debt, which included the banking debt of Grupo Gigante (parent company), and its principal subsidiaries, Grupo Restaurantero Gigante (formerly known as Grupo Toks), Office Depot de México, and Gigante Grupo Inmobiliario.
  • Solvay sells barium, strontium and sodium percarbonate businesses to Latour CapitalJones Day advised Solvay S.A., a publicly listed chemical company based in Brussels, Belgium, on the combined sale of its technical-grade barium and strontium business in Germany, Spain and Mexico, and its sodium percarbonate business in Germany to Latour Capital.
  • Laureate Education divests operations in Chile to Fundación Educación y Cultura and sale of its for-profit operations for $218.2 millionJones Day acted as special tax counsel in the divestiture of its operations in Chile through the transfer of control of its not-for-profit institutions to Fundación Educación y Cultura and the sale of its for-profit operations.
  • Grupo Gigante obtains MXN$1.8 billion syndicated credit facilityJones Day assisted Grupo Gigante, S.A.B. de C.V., a large Mexican conglomerate with operations in specialized retail, casual dining restaurants, and real estate, in connection with a new MXN$1.8 billion syndicated credit facility which is secured by a security trust arrangement.
  • Opdenergy divests majority stake in two solar photovoltaic plants in Mexico totaling 144MWp and forms Vera RenovablesJones Day represented Otras Producciones de Energía Photovoltaica, S.L. ("OPDE"), a member of the OPDE Group, in connection with the sale of 80% of its equity interests in two photovoltaic power plants, and associated electrical substations and interconnection lines, located in the Mexican states of Aguascalientes (34.2 MW) and Coahuila (82.5 MW) to an affiliate of Riverstone Holdings, an energy and power-focused private investment firm.
  • OYO partners with SoftBank Group to manage Latin American hotels businessJones Day is advising OYO in a joint venture with SoftBank Group to manage its Latin American hotels business.
  • Crédito Real establishes $1.5 billion medium-term notes programJones Day's México City Office acted as special local counsel to Crédito Real, S.A.B. de C.V. Sofom, E.N.R., as issuer, in the establishment of a $1.5 billion medium-term notes program.
  • JinkoSolar sold two solar photovoltaic (PV) plants in Mexico to White River RenewablesJones Day advised JinkoSolar Holding Co., Ltd., one of the world's largest and most innovative solar panel manufacturers, in the sale of two solar photovoltaic (PV) plants in Mexico to White River Renewables.
  • Grupo Gigante acquires El FarolitoJones Day advised Grupo Gigante, S.A.B. de C.V. in its acquisition of El Farolito, a taqueria chain.
  • Seal for Life acquires Flame Control Coatings, Highland International, LifeLast, and US CoatingsJones Day advised Arsenal Capital Partners ("ACP") on the four acquisitions by portfolio company Seal for Life of Flame Control Coatings, Highland International, LifeLast, and US Coatings, manufacturers of protective coating technologies.
  • PolyOne sells its Performance Products and Solutions business to SK Capital Partners for $775 millionJones Day advised PolyOne Corporation (NYSE: POL), a leading global provider of specialized polymer materials, services and solutions, in its $775 million cash sale of its Performance Products and Solutions business to SK Capital Partners.
  • Sinohydro Mexico negotiates EPC contract for 330 MW solar power plant in Puebla, MexicoJones Day advised Sinohydro Mexico, S.A. de C.V., a subsidiary of Powerchina International, in the preparation, negotiation, and execution of an Engineering, Procurement, and Construction contract for a 330 MW solar power plant in Puebla, Mexico, including supply agreements with subcontractors.
  • Merchant banking firm and Fortress Credit provide secured credit facility to Win SystemsJones Day represented a merchant banking firm and Fortress Credit Corp. in connection with a secured credit facility provided to Win Systems, an international developer of gaming machines software and manufacturer of gaming machines.
  • Crédito Real completes €350 million offering of Senior Notes and concurrent tender offerJones Day represented Crédito Real, S.A.B. de C.V. Sofom, E.N.R., as issuer, and Creal Nomina, S.A. de C.V., as Mexican guarantor, in connection with the issuance of €350 million (US$382 million) of 5.000% Senior Notes due 2027, and concurrent tender offer for up to US$300 million aggregate principal amount of the 7.250% Senior Notes due 2023.
  • Arsenal Capital Partners acquires Seal for Life Industries from Berry Global Group Inc. for $328 millionJones Day advised Arsenal Capital Partners on the $328 million acquisition of Seal for Life Industries from Berry Global Group Inc.
  • Grupo Kuo obtains US$300 million multi-draw revolving loanJones Day represented Grupo Kuo, S.A.B. de C.V., a Mexico-based industrial and commercial global holding company, and its subsidiaries in connection with a US$300 million multi-draw revolving loan financing comprised of a U.S. dollar tranche and a Mexican Peso tranche provided by a syndicate of major financial institutions.
  • Grupo Kuo obtains US$175 million senior unsecured term loanJones Day represented Grupo Kuo, S.A.B. de C.V., a Mexico-based industrial and commercial global holding company, in connection with a US$175 million senior unsecured term loan provided by Bank of America, N.A.