Holland & Knight acts for Banco Multiva on Quintana Roo loan

Holland & Knight has advised Banco Multiva on a $35.4 million loan to the Mexican state of Quintana Roo.

Quintana RooThe loan was granted pursuant to Mexico’s law on financial discipline for federal entities and municipalities. Banco Multiva was selected as lender to the state of Quintana Roo through a competitive bidding process.

Quintana Roo (pictured) is located in the country’s southeast, on the Caribbean littoral, and is home to tourist resorts such as Cancún and Playa del Carmen, as well as the Maya archaeological site of Tulum.

Partner Alejandro Landa Thierry and associate José Luis Villareal led the team advising Banco Multiva.

adam.critchley@iberianlegalgroup.com

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