The Deal is Also Short-listed for the International Finance and Law Review's Restructuring Deal of the Year
The Satélites Mexicanos, SA de CV (Satmex) restructuring, in which WilmerHale represented the ad hoc committee of floating-rate note holders, is the recipient of the Latin Finance Deal of the Year Award for the Best Restructuring Transaction of 2006. Winners of the Deal of the Year Award, presented in several additional categories including Best Asset-backed Bond and Best Project Finance Deal, are described in the publication as being “on top of their game in terms of innovation, execution, market presence and vision.” An accompanying article in the February 2007 issue of Latin Finance describes the Satmex deal as being “worth the wait” of the four years it took to complete.
Additionally, Satmex is one of five restructuring deals short-listed for the International Finance and Law Review's Restructuring Deal of the Year. Award winners will be announced at a ceremony in New York City on March 22.