MACF assists BBVA in loan to Aerovías de México
Mijares Angoitia Cortés y Fuentes has assisted BBVA México as administrative and collateral agent in the negotiation and execution of a revolving credit facility, related security documents and a payment trust.
This credit facility was granted by a syndicate of financial institutions, as initial lenders, in favour of Aerovías de México, a subsidiary of Grupo Aeroméxico, for, among other matters, new investments and general corporate purposes in line with Grupo Aeroméxico’s growth plan.
The transaction, which closed on 26 August, had a value of USD 200,000,000. White & Case and Cleary Gottlieb Steen & Hamilton also participated in the transaction.
MACF’s team comprised partners Manuel Echave Pintado (pictured left) and Eugenio Macouzet de León (pictured right), associates Jorge Mendizábal Hori and Jimena Domínguez Bernal, and trainee Patricio Galván-Duque Aranaz.
