Banking and Finance

Our Firm represents Mexican, international and multilateral banks, as well as other financial intermediaries in secured and unsecured, bilateral and syndicated lending transactions of different levels of complexity involving Mexican obligors or assets. Our steady presence in the market has allowed us to participate in all phases of the credit cycle, including origination in bull markets as well as restructuring in the context of regional or global crises.

We have advised the majority of foreign financial institutions that have established subsidiaries in Mexico, in their authorization processes.

Our firm participated in shaping the new fintech regulation that applies in Mexico and, within the context of this new environment, has steadily advised different institutions and organizations in obtaining licenses for crowd funding, wallet management and money transfers, completing acquisitions within the fintech universe and understanding the generally non-regulated crypto-currency universe.

Our team also advises domestic and foreign banks in regulatory matters and treasury transactions, as well as industry organizations such as ISDA and the Mexican Banking Association in their derivatives transactions in Mexico.

Related professionals


Featured transactions


We represented Thor Urbana Capital, in a financing by BBVA México and Banorte for the acquisition of an industrial portfolio comprised of 8 industrial buildings, with a surface area of approximately 1.6 million ft2, located in Ramos Arizpe and Saltillo, Coahuila.

CLIENT:

Thor Urbana Capital

PRACTICE AREA:

Banking and Finance

Real Estate

CLOSING DATE:

June 2024

VALUE:

ND


We represented HSBC Mexico, BBVA, and Banorte, in a MXN $8,150 million term loan facility and a revolving credit facility to Grupo Axo, for the refinancing of existing debt and general corporate purposes.

CLIENT:

HSBC México
BBVA México
Banorte

PRACTICE AREA:

Banking and Finance

CLOSING DATE:

June 2024

VALUE:

MXN$8,150 million

OTHER FIRMS:

Creel, García-Cuéllar, Aiza y Enríquez, S.C., counsel to Grupo Axo.


We represented a newly incorporated trust, as borrower, and Arrendadora IL, as joint obligor, in a MXN$200 million revolving credit facility granted by Banco Multiva, in the context of private securitization of accounts receivable originated by Arrendadora IL.

CLIENT:

Arrendadora IL

PRACTICE AREA:

Banking and Finance

CLOSING DATE:

May 2024

VALUE:

MXN$200 million


We represented Altum Capital, as the lender, in a MXN$100 million term loan to Grupo Solufi, for the monetization of loan portfolio and origination of new collection rights.

CLIENT:

Altum Capital

PRACTICE AREA:

Banking and Finance

CLOSING DATE:

April 2024

VALUE:

MXN$100 million

OTHER FIRMS:

CYCA Abogados - counsel to Grupo Solufi


Related Awards


Deal of the Year - Finance: Loan to Fibra Macquarie

Legal 500

Top Ranked Firm

Chambers LatAm

Top Tier Firm

The Legal 500

Elite Firm

Latin Lawyer

Pro Bono Leading Lights

Latin Lawyer and The Vance Center

Featured news


11

July 11, 2024

Banking and Finance

Mexican retailer Axo gets US$445 million financing

Ritch Mueller represented HSBC México, BBVA, and Banorte in granting a MXN $8,150 million (USD $445 million) credit facility to Grupo Axo, a leading Mexican retailer, in a financing structured as both, term loan and revolving credit facilities. The credit facility will be used for...

01

July 01, 2024

Banking and Finance
Real Estate

Mexico’s Thor Urbana gets US$102 million loan for warehouse buy

Ritch Mueller represented Thor Urbana Capital, in a financing by BBVA México and Banorte for the acquisition of an industrial portfolio comprised of 8 industrial buildings, with a surface area of approximately 1.6 million ft2, located in Ramos Arizpe and Saltillo, Coahuila. Learn more about...

18

June 18, 2024

Banking and Finance

Ritch Mueller represents Altum Capital in credit facility to Grupo Solufi

Ritch Mueller represented Altum Capital, as the lender, in a MXN$100 million term loan to Grupo Solufi, for the monetization of loan portfolio and origination of new collection rights. Learn more about our experience and team professionals in the Banking and Finance practice area.  Read note...

23

April 23, 2024

Banking and Finance

Soft drinks company gets USD$595 million credit line in Mexico

Ritch Mueller represented Bank of America, in a USD$50 million unsecured term credit to Industria de Refrescos. Learn more about our experience and team of professionals in the Banking and Finance practice area.  Read note (subscription site) Other media: The Latin American Lawyer...

Events


27

27 June 2024

Banking and Finance

Trends and Developments in Mexico's Financial System in Derivatives Operations

On June 27, the Financial Markets Committee of the National Association of Corporate Lawyers, Colegio de Abogados (ANADE, for its acronym in spanish), will be conducting a working session on "Trends and new developments in the Mexican financial system in derivative operations".  Our partner,...

28

28 February 2023

Ritch Mueller

DMI Decididas Summit 2023

On February 28 and March 1, we participated as sponsors of the DMI Decididas Summit, an event that aimed to promote women's leadership in Latin America, prevent gender violence and boost women's economic growth.  The event brought together 300 leaders from more than 10 countries and 30...

29

29 November 2022

Banking and Finance

Bonds & Loans - Latin America & Caribbean 2022

Bonds & Loans will host the Latin America & Caribbean 2022 event, in which our partner Jean Paul Farah will be speaking in the panel "How can Latin American issuers & borrowers successfully refinance and restructure debt?" The experts will discuss the following topis: What lessons can...

30

30 November 2021

Banking and Finance
Capital Markets

GFC Media Group - Bonds & Loans Latin America & Caribbean 2021

Jean Paul Farah participated as a speaker at the Bonds & Loans Latin America & Caribbean 2021 event. In the panel "Underwriting and syndicating loans in 2022 and beyond: Who is lending, at what price and on what terms?" The panel included the discusion of the following topics:Underwriting...

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