Sabadell, Santander, Bancomext and Avantta Sentir Común

The firm advised the syndicate of lenders, including Sabadell, Santander, Bancomext, and Avantta Sentir Común, and hedge providers in connection with a US$135 million syndicated senior secured credit facility to Riviera Isla Maya, S.A. de C.V., a special purpose vehicle controlled by AB Living Group, leading firm specializing in health and well-being, luxury hospitality and premium projects with operations in Europe, United Arab Emirates and Mexico, for the construction and development of The St. Regis Costa Mujeres Resort (Hotel & Residences), in the Riviera Maya.

The proceeds of the facility will be used to finance construction costs for this landmark project to be managed by St. Regis Hotels & Resorts. The design and architecture of the project is led by Sordo Madaleno, an interdisciplinary architecture firm built on a 85-year foundation of experience dedicated to the pursuit of design excellence with deep focus on sustainability and human connection.