written by Nader, Hayaux & Goebel | February 14, 2023
NHG advised a syndicate of lenders, leaded by Scotiabank, in connection with the secured credit facility provided to a trust vehicle controlled by Industrial Realty Group (IRG). The facility will be used to support the acquisition by IRG of multiple industrial real estate assets located in three different states in Mexico.
written by Nader, Hayaux & Goebel | February 14, 2023
NHG advised a syndicate of lenders, including Sabadell, SabCapital and Santander, on a senior secured credit facility provided to Hotelera Sunrise, as borrower, an affiliate of Sunset World. The proceeds of the facility will be used to prepay existing debt of certain Sunset World’s affiliates and to redevelop the Hacienda Tres Ríos Resort, Spa & Nature Park, located in the Riviera Maya.
written by Nader, Hayaux & Goebel | February 14, 2023
NHG advised Desarrolladora y Operadora de Infraestructura de Oaxaca, a subsidiary of Constructora y Edificadora GIA+A, in the total voluntary redemption of the bonds identified with the ticker symbols “DOIXCB 15” and “DOIXCB 15U”, issued in the context of a public placement of securities made by Banco Invex in its capacity as Trustee of the irrevocable trust number F/2213, made with funds from certain non-revolving credit facility granted by Banobras, as well as in the negotiation, instrumentation and disbursement of such credit facility. The aforementioned in the context of refinancing its federal prison project in Oaxaca, for a total amount of MXN$3,969,171,351.
written by Nader, Hayaux & Goebel | February 14, 2023
NHG advised the Water Operator Agency of Hermosillo, Sonora, as the borrower (Agency), on the public bidding process to enter into an approximate USD$15 million loan provided by Corporación Financiera de América del Norte, SOFOM, ENR, (COFIDAN) as the lender, for the refinancing of the Agency’s existing public debt (Loan Agreement).
written by Nader, Hayaux & Goebel | February 14, 2023
NHG advised the Water Operator Agency of Los Cabos Municipality (OOMSAPASLC) in the restructuring process of the Stand-By Credit Line that was executed between the Water Operator Agency as the borrower, the National Bank of Public Works and Services (BANOBRAS) as the lender, and the Municipality of Los Cabos as guarantor. The restructuring process allowed the Municipality of Los Cabos to release approximately USD $19 million allocated as collateral of the Stand-By Credit Line.
written by Nader, Hayaux & Goebel | February 14, 2023
NHG advised HSBC Mexico in the acquisition of Kavak’s originated car loan portfolio for up to MXN$14.3 billion.
written by Nader, Hayaux & Goebel | February 14, 2023
NHG advised Scotiabank Inverlat, as lender, on a senior secured credit facility provided to a trust vehicle created and controlled by SURA Investment Management, as borrower, to support the acquisition of certain industrial real estate assets located in the industrial park known as “Asia Pacific Industrial Park”, in Pesquería, Nuevo León.
written by Nader, Hayaux & Goebel | February 14, 2023
NHG advised the syndicate of banks conformed by Banco Ve Por Más, Banco BanBajío and Banco Actinver, in the negotiation and structuring of a secured loan to Inmobiliaria Sky de Yucatán, for MXN$770 million. The purpose of the loan is completion of the construction of Merida’s highest skyscraper, “The Sky”.
written by Nader, Hayaux & Goebel | February 14, 2023
NHG advised the shareholders of Banco Finterra, acting as a sellers, in the structuring, negotiation and execution of a share purchase agreement, pursuant to which, Covalto Ventures (Grupo Credijusto) acquired 100% of Banco Finterra’s capital stock. In addition, NHG provided advice on regulatory, antitrust and tax matters in connection with the sale of Banco Finterra.
Category: Banking & Finance
written by Nader, Hayaux & Goebel | February 14, 2023
NHG advised BBVA México, acting as lender, in the negotiation, structuring and documentation of a secured credit facility granted to the Mexican Trusts controlled by Walton Street Capital in the amount of USD$205 million for the acquisition of an industrial portfolio.