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Paul Hastings acts for BBVA in $500m Iberdrola México loan

  • News
  • 13 January 2020
  • 231
  • 1 minute read

Law firm Paul Hastings has represented BBVA Bancomer as administrative agent, global coordinator and lender, in connection with a $500 million senior unsecured term loan agreement entered into by Iberdrola Generación México, an indirect subsidiary of the Spanish energy group.

IberdrolaThe loan will be used by Iberdrola for general corporate purposes.

Paul Hastings attorneys also represented BBVA, as administrative agent and lender, in Iberdrola’s $400 million loan in 2018, and its $300 million loan in 2015.

Latin America practice partners Mike Fitzgerald and Steven Sandretto led the Paul Hastings team, which also included foreign associate Eduardo Menezes.

adam.critchley@iberianlegalgroup.com

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