Client or Matter Name
ACFIN – Syndicated Loan Santander/IGSA
Deal Description
Represented Administradora de Activos Financieros, S.A. (ACFIN), as master servicer, in a syndicated loan for $1,800 million pesos granted to Grupo Industrial IGSA, S.A. de C.V. by Santander México as structuring bank, administrative agent and guarantee agent, in which Banco Actinver, Banco Multiva, Banco del Bajío, Banco Sabadell, BanCoppel, Intercam Banco and CIBanco also participated (all of them as accreditors).
Innovation & Additional Comments
It was an operation with a complex structure, which included modifications to an existing guarantee trust.
Governing Law
Mexico
Deal Value
$1.8 billion Pesos
Deal Duration, Date of Closing / Signing
Closing: June 4, 2024
Practice Area
Banking & Finance (Corporate Finance & Structured Finance)
Team GC
Bernardo Reyes Retana Krieger – Partner
Alberto Bustamante Celis – Counsel
Francisco J. Alvarez – Associate
Other firms involved
Mijares Angoitia Cortés y Fuentes, S.C., as counsel to Santander
