Pérez-Llorca advises Crédito Maestro on AB CarVal financing facility extension
Pérez Llorca – Gonzalez Calvillo has advised Grupo Crédito Maestro, as borrower, in the extension of the revolving period of the secured financing facility it has agreed since 2022 with AB CarVal, a global alternative investment fund manager, as lender, for an amount of USD $100 million.
The financing, completed on 31 October, is provided to fund the acquisition and/or origination of Grupo Crédito Maestro’s loan portfolio.
This transaction involved the Mexican and US jurisdictions. Creel García-Cuéllar Aiza y Enriquez and Millbank acted as advisors to AB CarVal.
Grupo Crédito Maestro is one of Mexico’s leading companies in the payroll deduction financing sector.
Pérez-Llorca’s team consisted of partner José Ignacio Rivero Andere (pictured left), senior associate Jacinto Ávalos Capin (pictured right) and associate Hector Ferrari Ruiz.