El Puerto de Liverpool Completes $500 million Senior Notes Offering
Simpson Thacher represented El Puerto de Liverpool, S.A.B. de C.V. (“Liverpool”) in connection with a US$500 million Rule 144A/Regulation S offering of 5.750% senior notes due 2038.
Liverpool is the leading Mexican omni-channel retailer. Founded 178 years ago, it operates 319 department stores across Mexico, 59 “Liverpool Express” formats, 135 specialized boutiques, as well as 30 shopping centers. Liverpool is the second largest credit card issuer in Mexico, with more than 8.2 million credit cards issued. In 2025, Liverpool, together with members of the Nordstrom family, completed an all-cash acquisition of Nordstrom Inc., which is now a joint venture owned 49.9% by Liverpool and 50.1% by the Nordstrom family.
The Simpson Thacher team for the offering included Juan Francisco Mendez, Enrique Güijosa and Taisa Sani (Capital Markets – Latin America); and Adam Arikat and Michael Mann (Tax).