GT Law counsels SSA on $200m syndicated credit facility

Greenberg Traurig, through its Mexico City office, has counselled SSA Holdings Mexico, one of Mexico’s largest port operators, as borrower, and SSA Mexico, on a USD $200 million syndicated revolving credit facility, with BBVA Mexico as administrative agent.

 BBVA Mexico and Banorte participated as joint lenders and joint arrangers of the transaction.

SSA Mexico is a subsidiary of Carrix, one of the world’s leading private port operators, with operations in nine countries, including the United States, Canada and Mexico, as well as in the Caribbean and Central America. Since 1995, SSA has been present in Mexico, where it has established itself as the leading port operator nationwide, developing terminals for automobile, container, cruise and general cargo operations in some of the country’s most important ports.

GT Law’s team was led by shareholder Fernando Orrantia Dworak (pictured), together with associate Ana Acosta Silva.