Ritch Mueller counsels on refinancing of Contour Global
Ritch Mueller has counselled Allianz Capital Partners, The Bank of Nova Scotia, SBI, BNP Paribas and Crédit Agricole on the refinancing granted to Contour Global.
The refinancing, closed on 28 August, will be used for a portfolio of two cogeneration plants located in Cosoleacaque, Veracruz and Altamira, Tamaulipas, Mexico with combined total capacity of 518 MW.
In addition, the refinancing was granted through a USD $252 million private placement of bonds and a USD $273 million bank financing for a total amount of USD $525 million. This transaction involved the jurisdictions of the United States, Spain, Luxembourg and England.
Simpson Thacher advised Contour Global, while A&O Shearman acted as New York counsel to the lenders and investors; KLGates acted as Wilmington counsel, as agent; and Galicia Abogados acted as local counsel to the borrower.
Ritch Mueller’s team was led by partners Jorge Oria y Anaya (pictured left) and Alejandra Echeverría González (pictured right), with support from Alejandra López Martínez, Anitza Velázquez Márquez, David Guakil Raffoul, María Fernanda Ibargüengoitia Lira, Samantha Oseguera Labastida, Santiago Zardain Escudero and Santiago Llano Zapatero.
