Duane McLaughlin

Cleary in refinancing of América Móvil revolving credit facility

Cleary Gottlieb has advised América Móvil, as borrower, in connection with the refinancing of its $2.5 billion syndicated revolving credit facility with BBVA Mexico, as administrative agent for a syndicate of lenders.

The facility closed on 13 February. Ritch Mueller acted as Mexican counsel to BBVA Mexico.

América Móvil is a leading provider of telecommunications services in Latin America.

Ritch Mueller’s team comprised partners Jean Paul Farah Chajín and Gabriel Robles Beistegui, as well as associate Rodrigo Vázquez Sainz.

Cleary’s team included partner Duane McLaughlin (pictured) and associates Jose Andres de Saro and Nicole Mueller. Partner Chase Kaniecki and associate Samuel Chang advised on sanctions matters. All lawyers are based in New York, expect Chase Kaniecki and Samuel Chang, who are based in Washington, D.C.

L Giselle Estrada