RC Law instructed on Quito metro financing

RC Law advised Global Quality Steel in obtaining a $15 million short term facility with Corporacion Interamericana para el Financiamiento de Infraestructura (CIFI). 

Global Quality Steel (GQS) is a Swiss global reinforcing steel manufacturer with offices in Spain, Mexico, Panama, Colombia, Ecuador and Peru. The company designs, supplies, manufactures, and delivers comprehensive and customized solutions for steel engineering needs in large civil engineering projects in the construction industry.

The proceeds of the facility will be used in the financing of a $127 million contract with the Quito Metro L1 Project. 

Atlantico Capital acted as exclusive financial advisor for GQS under the Facility and Corporacion Interamericana para el Financiamiento de Infraestructura, S.A. (“CIFI”) acted as Mandated Lead Arranger.

Partner Xavier Ruiz led the RC Law team acting as New York counsel to the borrower. 

RC Law is a transactional boutique law firm which focuses on on cross-border corporate and corporate finance transactions with an emphasis in Latin America. It also provides legal advice on commercial and employment matters. The firm was founded in 2016 by Xavier Ruiz, a former partner at Holland & Knight in New York. 

RC Law instructed on Quito metro financing

Ignacio Abella

thelatinamericanlawyer.com

The Latin American Lawyer is a bimonthly digital magazine, published by Iberian Legal Group, available in Spanish and Brazilian Portuguese. It represents the main source of information in the legal business sector in America Latina. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

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