Jones Day’s Mexico City office advised Grupo Aeroportuario de la Ciudad de Mexico (GACM) on an agreement for a $3 billion revolving credit facility provided in the form of a syndicated loan.
HSBC acted as administrative agent on the facility, with Citigroup and JP Morgan acting as global coordinators.
The credit facility will be used to finance the construction of a new international airport for Mexico City.
Alberto de la Parra and Mauricio Llamas from Jones Day’s Mexico City office advised GACM.
Cleary Gottlieb Steen & Hamilton advised GACM on the New York law aspects of the deal. The bank syndicate was advised by Paul Hastings on New York law and Galicia Abogados on Mexican law.