Santamarina & Steta has more than 70 years of experience and has grown to three offices in Mexico City, Monterrey and Querétaro.
Highlights
Santamarina has played a continuous role in guiding SMBC, DEG, MUFG, and SMBC México through the LIBOR transition’s complexities. This critical shift has been especially significant for loans previously granted to Operadora de Terminales Marítimas. The firm's legal expertise has been essential in navigating the multifaceted challenges presented by this transition, ensuring that the loans are smoothly adapted to the dynamic financial landscape.
Santamarina y Steta represented IDEI with the structuring and implementation of a new green bond offering in the Mexican Stock Exchange. The firm aided with the public debt offering of the first ultra-green bond in the Mexican market. This bond had ground-breaking characteristics that would set a standard for the green bond industry. In addition to the sustainability-linked features, this bond will also include an IFC’s stop-loss guarantee for the payment of the principal amount, and a cash collateral that will guarantee the payment of the interest amounts. This transaction is indicative of the firm's commitment to innovation.
Key Clients
Key clients include Sumitomo Mitsui Banking Corporation, DEG – Deutsche,
MUFG Bank, Banco Mercantil del Norte, Institución de Banca Múltiple, Grupo Financiero Banorte, Arrendadora y Factor Banorte, Grupo Financiero Banorte
Testimonials
Insolvency
"Partners and lawyers are always available, respond promptly to our business needs and requests, and their input is integral in the design of business and legal strategies when we are involved in highly distressed situations as creditor or stakeholders."
M&A
"Highly personalised and ample resources on various legal matters."
"They are very experienced and supportive, our principal external law firm."
"Very responsive and knowledgeable."
"Personalized service with very quick turnaround and support from the firm's numerous capabilities."
"Understand the issues well. Work very efficiently. Don't try to make a simple project too large."
Carlos Arguellas
"Very responsive. A seasoned professional."
Pablo Laresgoiti
"Highly personalised service, quick turnaround and high quality."
"Highly personalized service and availability."
Juan Carlos Machorro
"Very knowledgeable lawyer. Also lets his team do the work."
Carlos Olvera
"Solutions-oriented counsel, who is able to provide strategic legal advice on a wide range of subjects when dealing with highly distressed situations. Expert in restructurings, workouts, litigation and distressed projects."
Francisco Udave
"He is very experienced, well focused and attentive when needed. His strategies helped us on the labour law reform restructure."
