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Banking and Finance News

2019


15

August 15, 2019

Banking and Finance

Pemex’s $5.5 Billion Corporate Refinancing and $2.6 Billion Term Loan

Ritch Mueller represented the banks in the negotiations of the credit facilities and their execution, from a Mexican Law perspective, in the refinancing of PEMEX's (Petróleos Mexicanos) debt through a USD $5.5 billion revolving credit facility agreement and a USD$2.5 billion term loan...

31

July 31, 2019

Banking and Finance

Torex Gold Successfully Completes Amended Debt Facility

Ritch Mueller acted as Mexican counsel to BNP Paribas, in the implementation of secured credit lines of USD$335 million to Minera Medina Luna. Read note Other media Global Legal...

20

June 20, 2019

Banking and Finance

Altos Hornos de México’s $575 Million Refinancing

Ritch Mueller represented Altos Hornos de México (AHMSA), in an advance payment facility agreement for USD$475 million entered into by AHMSA and Cargill Financial Services International, which purpose was to pay the "Convenio General de Pago" under the "Suspensión de Pagos" procedure...

25

February 25, 2019

Banking and Finance

Inmobiliaria Canopo Xtra agrees credit facility with Banco Santander

Ritch Mueller represented Banco Santander, in a USD$80 million secured term credit facility to a trust incorporated and controlled by Inversiones Turísticas Cancún, in connection with the JW Marriott Cancun Resort & Spa.Read note (only available in Spanish)Other...

2018


26

June 26, 2018

Banking and Finance

Newsflash - Fintech in Mexico – CNBV Authorization Processes Begin for Financial Technology Institutions under the new legal framework.

On March 9, 2018, the Law that Regulates the Financial Technology Institutions (the “Fintech Law”) was published in the Federal Official Gazette and became effective on the day following its publication.The Fintech Law, among other matters, regulates financial services provided by...

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