Cases & Deals

Grupo Elektra subsidiary increases ABS debt program to US$421 million and completes concurrent US$184 million public offerings

Client(s) Grupo Elektra, S.A.B. de C.V.

Jones Day represented Intra Mexicana, S.A. de C.V., a subsidiary of Grupo Elektra; Actinver Casa de Bolsa, S.A. de C.V.; Grupo Financiero Actinver; and Punto Casa de Bolsa, S.A. de C.V. to increase Intra Mexicana's asset backed securitization debt program to reach an aggregate amount of Ps$8,000 million (US$421 million), and in the concurrent public offerings for Ps$2,500 million (US$131.6 million) and Ps$1,000 million (US$52.6 million).