NHG advised BBVA México

NHG advised BBVA México in a USD$400,000,000 syndicated term and revolving secured credit facility granted by a syndicate of banks led by BBVA México, as lender and administrative, collateral and sustainability agent.

The transaction represents Varmoxz’s (Arzyz) debut in syndicated credit facilities as well as its first New York law financing, whereby the administrative, collateral and sustainability agents and the lender syndicate was comprised entirely by Mexican financial entities.