Ritch Mueller and MACF assist in $50m loan to Industria de Refrescos
Ritch Mueller has assisted Bank of America on a USD $50m unsecured term loan to Industria de Refrescos.
Mijares Angoitia Cortés y Fuentes acted as Mexico counsel to Industria de Refrescos as borrower, Grupo GEPP, Bienes Raíces Metropolitanos and Bebidas Purificadas as guarantors.
The funds will be used for general corporate purposes and the refinancing of short-term debt.
This transaction closed on 9 April, with Hughes Hubbard & Reed acting as US counsel to Bank of America.
Ritch Mueller’s team was led by partner Pablo Perezalonso Eguía (pictured), with support from lawyers Carolina Sánchez Pérez and María Fernanda Ibargüengoitia Lira.
MACF’s team was composed of partner Patricio Trad Cepeda, associate José Pellón, and law clerk Patricio Galván-Duque Aranaz.