Ritch Mueller assists AT-AT in restructuring of credit facility
Ritch Mueller has assisted Concesionaria AT-AT, in the restructuring of its senior secured credit facility granted by Banco Santander, Banco Inbursa and Banobras in September 2017, to increase the maximum principal amount available from MXN$5.31 billion to MXN$7.2 billion.
The transaction was completed on 6 February, with Nader Hayaux and Goebel acting as external legal counsel to the lenders.
The funds will be used to continue the development and construction of the Atizapán-Atlacomulco highway, and to obtain a MXN$2.214 billion VAT secured financing to fund the VAT associated with the costs of the highway.
Ritch Mueller’s team was led by partner Gabriel del Valle Mendiola (pictured), with support from Salvador Ignacio Torres Bremer and Alejandra López Martínez.