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Greenberg Traurig Advises Volkswagen Leasing on USD$200 Million Note Issuance in Mexico

MEXICO CITY – Oct. 08, 2024 – Attorneys from global law firm Greenberg Traurig's Mexico City office represented Volkswagen Leasing (VWL) as external legal advisors in a two-tranche issuance of USD $200 million notes. These notes are guaranteed by Volkswagen Financial Services Overseas AG, marking VWL's largest issuance in Mexico in the past 15 years.

Casa de Bolsa BBVA Mexico, Grupo Financiero BBVA Mexico, HSBC Casa de Bolsa, Grupo Financiero HSBC and Casa de Bolsa Santander, Grupo Financiero Santander Mexico, acted as underwriters and CIBANCO serving as the common representative.

Volkswagen Leasing is recognized as the leading automotive financing company in the Mexican market, noted for having the largest volume issued to date.

The Greenberg Traurig team was led by Capital Markets Shareholder David Argueta, with key contributions from Associate Andres Gallastegui.