Banking and Finance transactions


We represented Fibra MTY, as borrower, in connection with an unsecured credit agreement of up to USD$300 million entered into by and among (i) Banorte, as lender and sole bookrunner and lead arranger, (ii) lenders from time to time party thereto, (iii) guarantors from time to time party thereto and (iv) Banamex,  Divisón Fiduciaria, as administrative agent.

CLIENT:

Fibra MTY

PRACTICE AREA:

Banking and Finance

Real Estate

CLOSING DATE:

March 2023

VALUE:

USD$300 million

PROFESSIONALS:

OTHER FIRMS:

Milbank, LLP - Co-counsel Creel, García, Cuéllar, Aiza y Enríquez, S.C. - Local counterparty Skadden, Arps, Slate, Meagher & Flom, LLP - US counterparty


We represented BBVA, as administrative agent and the lenders, in the refinancing of Grupo Bimbo's USD$1,935 million revolving loan.

CLIENT:

BBVA México
Santander
Bank of America
Citibank
HSBC México
ING Bank
JP Morgan Chase
Mizuho
MUFG Bank

PRACTICE AREA:

Banking and Finance

CLOSING DATE:

March 2023

VALUE:

USD$1,931 million

OTHER FIRMS:

Skadden, Arps, Slate, Meagher & Flom LLP in New York, as NY counsel to borrower Galicia Abogados, as Mexican counsel to borrower Cleary Gottlieb Steen & Hamilton, as NY counsel to the Administrative Agent and Lenders


We represented The Bank of Nova Scotia, as administrative agent, and the lenders, in the negotiation and execution of a USD$2,300 million credit agreement to TC Energy for the refinancing of existing indebtedness, working capital and general corporate purposes.

CLIENT:

The Bank of Nova Scotia

PRACTICE AREA:

Banking and Finance

CLOSING DATE:

January 2023

VALUE:

USD$2,300 million

OTHER FIRMS:

Latham White & Case, S.C., special New York counsel to the Administrative Agent White & Case LLP, special New York Counsel to the Loan Parties White & Case, S.C., special Mexican counsel to the Loan Parties Lenders: BBVA México, BMO Capital Markets, Mizuho Bank, Banco Inbursa, Institución de Banca Múltiple, Banco Nacional de México, Integrante del Grupo Financiero Banamex, Bank of America, Bank of China, HSBC Bank, ATB Financial, Canadian Imperial Bank of Commerce, Royal Bank of Canada and Deutsche Bank AG


We represented the Corporación Andina de Fomento (CAF), in a USD$200 million revolving facility to the Comisión Federal de Electricidad (CFE).

CLIENT:

Corporación Andina de Fomento

PRACTICE AREA:

Banking and Finance

CLOSING DATE:

December 2022

VALUE:

ND

OTHER FIRMS:

N/A


We represented Truist Bank, as administrative agent, collateral agent, swingline lender and L/C issuer, in the negotiation and execution of a credit agreement to Evertec Group for USD$615 million, for the repayment of existing indebtedness and general corporate purposes.

CLIENT:

Truist Bank

PRACTICE AREA:

Banking and Finance

CLOSING DATE:

December 2022

VALUE:

USD$615 million

OTHER FIRMS:

Cahill Gordon & Reindel LLP, US legal advisor for Truist Bank; Creel, García-Cuéllar, Aiza y Enriquez, S.C., Mexican legal advisor for the Mexican subsidiaries of the Borrower; G. Porras y Asociados, Panamá legal advisor for the Panamá subsidiaries of the Borrower ; and BLP Legal, the Costa Rica legal advisor for the Costa Rica subsidiaries of the Borrower, among others.


We represented the administrative agent and the lenders, in the negotiation and execution of a term loan agreement to Interceramic, for the repayment of existing indebtedness and general corporate purposes.

CLIENT:

The Bank of Nova Scotia

PRACTICE AREA:

Banking and Finance

CLOSING DATE:

November 2022

VALUE:

ND

OTHER FIRMS:

Galicia Abogados, S.C.- Mexican counsel to the Obligors Mendel Blumenfeld PLLC - Texas and United States counsel to the Obligors Shearman & Sterling LLP - New York counsel to the Administrative Agent


We represented The Bank of Nova Scotia, as administrative and collateral agent, and The Bank of Nova Scotia, Scotiabank Inverlat, Sumitomo Mitsui Banking Corporation, and MUFG Bank as senior lenders, to a subsidiary of Brookfield, in a credit facility upsizing of around USD$40 million of a credit facility originally granted for the acquisition of one third participation in Los Ramones natural gas pipelines.

CLIENT:

The Bank of Nova Scotia
Scotiabank Inverlat
Sumitomo Mitsui Banking Corporation
MUFG Bank

PRACTICE AREA:

Banking and Finance

Energy and Infrastructure Projects

CLOSING DATE:

November 2022

VALUE:

USD$40 million

LEADER (S):

Jorge Oria y Anaya

OTHER FIRMS:

Mijares, Angoitia, Cortés y Fuentes, S.C. - Mexican Counsel to the borrower Skadden LLP - NY Counsel to the borrower Milbank, LLP - NY Counsel to the collateral agent and the senior lenders


We represented BBVA and a group of banks, for FUNO's sustainable corporate financing of USD$720 million with the possibility of an extension to USD$750 million, to refinance the credits related to the Titan and Vermont portfolios.

CLIENT:

BBVA México

PRACTICE AREA:

Banking and Finance

Real Estate

CLOSING DATE:

October 2022

VALUE:

USD$750 million

PROFESSIONALS:

Marcelle Cohen Shehoah

OTHER FIRMS:

Mayer Brown LLP, special New York counsel for BBVA. Jones Day, special New York counsel for Fibra Uno. Sarur Servicios Integrales S.C., special Mexican counsel for Fibra Uno.


Escribe la descripción de esta imágen
Escribe la descripción de esta imágen

We make use of first party and third party cookies to improve your experience and our services by analyzing traffic in our website. If you continue browsing, then we shall consider that you are in agreement with our cookie policy

NEWSLETTER SUBSCRIPTION