Mexico City, May 31, 2018, Santamarina y Steta acted, through its partner Alfonso Castro Díaz and the associate José Carlos Vera Ávalos, as external legal counsel to Inmobiliaria Ruba, in connection with the second issuance of unsecured long term bonds under a Program for an amount of MXN$500,000,000.00.
Actinver Casa de Bolsa, S.A. de C.V., Grupo Financiero Actinver and Casa de Bolsa Banorte Ixe, S.A. de C.V., Grupo Financiero Banorte acted as underwriters.
Inmobiliaria Ruba, S.A. de C.V., is one of the main housing developers in Mexico. It is important to highlight that this transaction was rated A(mex) by Fitch Ratings and mxA by S&P, confirming the position and financial strength of the company in the market.