Davis Polk Advises KIO Networks on Its $300 Million High-Yield Notes Offering

Davis Polk advised Sixsigma Networks México, S.A. de C.V. (“KIO Networks”) in connection with its Rule 144A/Regulation S offering of $300 million aggregate principal amount of its 7.500% senior notes due 2025. The notes are guaranteed by certain subsidiaries of KIO Networks. KIO Networks intends to use the net proceeds from the offering for redemption of existing notes and for general corporate purposes.

KIO Networks is the leading provider of information technology infrastructure outsourcing services in Mexico and the largest in installed data center capacity, while also expanding throughout Latin America. Founded in 2002, it offers a comprehensive set of IT infrastructure outsourcing services and solutions within 29 data centers in 11 technological campuses in Mexico, Panama, Guatemala, the Dominican Republic and Spain.

The Davis Polk corporate team included partner Maurice Blanco, counsel Katia Brener and associate Angela Park. The tax team included partner Rachel D. Kleinberg and associate Catherine L. Chu. Associate Zixuan (Jennifer) Wang provided Investment Company Act advice. Members of the Davis Polk team are based in the New York and Northern California offices.