Partner | Cleary Gottlieb Steen & Hamilton
Jorge U. Juantorena
Partner | Cleary Gottlieb Steen & Hamilton
Number of years practice: 25 Law school attended: Cornell University, New York University School of Law Languages spoken: English and Spanish Principal practice areas: Capital Markets, Corproate Governance, M&A Admissions: California, New York
Internationally recognized for his capital markets expertise, New York-based Cleary Gottlieb partner Jorge Juantorena has represented numerous Mexican issuers and underwriters in securities offerings. More broadly, he advises both public and private sector clients in Mexico and works across a range of matters, including corporate governance, mergers and acquisitions, and joint ventures. Juantorena has also acted as counsel in equity offerings by a large number of Mexican issuers and advised on both the second-largest exchange of Mexican public debt ever to occur in Mexico (as counsel to Hipotecaria Su Casita in its 2011 global exchange offer to restructure its outstanding capital markets debt), and the second largest IPO in Mexico (as counsel to the initial purchasers in Mexico of Macquarie Mexican REIT’s 2012 offering). In 2015, Juantorena represented Mexican wireless sites access provider Opsimex on its global offering of Certificados Bursátiles (Cebures) – an offering which saw Opsimex join the firm’s Mexican state-owned-entity clients, Comisión Federal de Electricidad and Pemex, as among the first to issue Mexican law corporate debt securities via European international central securities depositories, Euroclear and Clearstream. Juantorena has also been a key partner in Cleary Gottlieb’s long-term representation of Mexican state oil company Pemex, acting on numerous debt capital markets offerings, including one of the largest and most complex consent solicitations ever undertaken, and which helped pave the way for the implementation of reforms to the Mexican energy sector. Completed in 2014, the process required the solicitation of consents from the holders of almost 40 series of Pemex debt securities spanning multiple jurisdictions, with a total outstanding amount of over $40bn denominated in six different currencies and governed by New York and English law. In the face of these formidable challenges, the majority of the required consents were obtained within less than 30 days.