NHG advised Grupo Murano

Nader Hayaux & Goebel has advised Grupo Murano in connection with the additional US$26 million senior secured credit facility provided by Fínamo, a Mexican fintech company dedicated to promoting financial growth through credit solutions, for the completion and start of operations of the Grand Island Cancún project.

The additional credit facility is collateralized by the real estate property known as Private Unit 3 of the Grand Island complex, through a security trust that required negotiating an amendment and restatement agreement with the lender and the trustee to serve as collateral for the financing.

During the last years, NHG has advised Grupo Murano in obtaining credit facilities for the constrution, development and start of operations of the different phases of the Grand Island Cancún project, which represents an aggregate amount of approx. US$300 million (MXN$5,500 million).