NHG advised Grupo Murano on the successful financial restructuring for the construction of the Grand Island Cancún project

Successful Financial Restructuring for the Grand Island Cancún Project

NHG advised Grupo Murano, through several affiliates, on the successful financial restructuring of its US$240 million syndicated senior secured credit facility provided by a syndicate of lenders, leaded by Sabadell, for the construction and development of the Grand Island Cancún project. The syndicate of lenders is comprised of commercial banks Sabadell, SabCapital, and CaixaBank, and Mexican development banks Bancomext and Nafin.

Murano is a leading Mexican development company with extensive experience in the structuring, development and assessment of industrial, residential, corporate office, and hotel projects in Mexico. Murano has a national footprint and international outreach aimed at institutional real estate investors.