Cuatrecasas counsels on debt refinancing of Biossmann Group

Cuatrecasas, through its team in Mexico City, has counselled a syndicate of banks, led by BBVA Mexico, on the refinancing of Biossmann Group’s bank debt for an approximate value of US$40 million (MXN 770,400,000).

The syndicate of banks also included Grupo Financiero BBVA Mexico, Banco Santander Mexico, Grupo Financiero Santander Mexico and BanCoppel.

Thanks to this transaction, BBVA Mexico continues to consolidate its position in the Mexican financial market as a coordinating, structuring and agent bank.

Biossmann is an ecosystem that integrates technology, innovation and human talent to achieve maximum efficiency in operating room operations and hospital administration, both in public and private hospitals in Mexico. It has more than 60 years of experience in the sector, innovating and adapting technology in health services for the benefit of patients, workers and hospitals.

Cuatrecasas’ team included partners León López Iglesias (pictured left) and José Higinio Núñez (pictured right), as well as associate Juan Carlos Galicia and junior associate Ana Isabel Echeverría.