GC on SMBC’s financing to GAZA
Gonzalez Calvillo has advised Sumitomo Mitsui Banking Corporation (SMBC), as well as a group of commercial banks, on a senior secured non-recourse cross-border financing provided to Gasoducto de Zapotlanejo (GAZA), a subsidiary of Grupo SIMSA and owner of a gas pipeline located in the State of Jalisco, Mexico.
The funds will be used by GAZA to pay existing debts and for other corporate purposes.
This transaction involved the jurisdictions of Mexico and the US (New York), where White & Case acted as counsel to SMBC, the lenders and the US hedging providers.
White & Case’s team included partners Sean Goldstein, Juan Ruenes Rosales and Juan Carlos Llorens Rojas, associates Gustavo Neyra and Zhou Bo Joseph Chen, law clerk Helena Buitrago and counsel Rhys Bortignon.
GC’s team was led by partner José Ignacio Rivero Andere (pictured left), with support from partner Óscar Moreno Silva (pictured right), counsel Antonio De Lisi Martínez, and associates Andrés Marcelo Yépiz Méndez and Rodrigo Poumian González.
