Banking and Finance News
2023
04
October 04, 2023
Banking and Finance
LatAm firms help Canada’s Orla Mining refinance loan
Ritch Mueller represented The Bank of Nova Scotia, Bank of Montreal and Canadian Bank of Commerce, in the refinancing of an existing USD$150 million credit facility for Orla Mining, amending it to USD$200 million. Learn more about our experience and professionals of the Banking and Finance...
31
August 31, 2023
Banking and Finance
Grupo Bimbo obtains USD$125 million sustainability-linked loan
Ritch Mueller represented Bank of America, as Lender, in Grupo Bimbo’s USD$125 million sustainability-linked revolving credit facility, maturing in 2028. Read note (subscription site) Other media: Líder Legal (only available in Spanish)...
11
August 11, 2023
Banking and Finance
Mergers and Acquisitions
Citi acquires Deutsche Bank’s Mexican licence as it eyes IPO
Ritch Mueller represented Deutsche Mexico Holdings and Süddeutsche Vermögensverwaltung GmbH, as sellers, in the transfer of all of their shares representing the capital stock of Deutsche Bank México, in favor of Grupo Financiero Citibanamex and Citi GSCP, as purchasers. Read note...
27
June 27, 2023
Banking and Finance
Ritch Mueller and White & Case steer loan extension
Ritch Mueller represented Engen Capital, in a loan extension granted by Citibanamex. Read note (subscription site)...
23
June 23, 2023
Banking and Finance
Mexican lab enters the US with Florida buy
Ritch Mueller represented Scotiabank, as administrative agent, and the lenders, in the negotiation and execution of certain credit and guaranty agreement, among Grupo Diagnóstico Aries and Access Medical Laboratories, as borrowers, certain subsidiaries of Grupo Diagnóstico Aries,...
05
June 05, 2023
Banking and Finance
Several firms in debt financing for Auna Colombia
Ritch Mueller represented Grupo Salud Auna México and the Mexican guarantors, in the negotiation and execution of a certain notes purchase and guaranty agreement for USD$505 million entered into between Auna and Grupo Salud Auna México, as issuers, the guarantors and purchasers party...
01
June 01, 2023
Banking and Finance
Newsflash - Amendments to Circulars 4/2017 and 3/2012 of Banco de México (Transition to Overnight TIIE)
On April 13, 2023, Banco de México published Circular 3/2023 and Circular 4/2023 in the Official Gazette of the Federation, amending Circular 14/2007 (regarding interest rates in terms of the LTOSF (1)) and 3/2012 (regarding transactions of banks and other financial entities),...
18
May 18, 2023
Banking and Finance
Ritch Mueller wins in two categories in The Legal 500 Mexico Awards 2023
On May 18, the first edition of the "Legal 500 Mexico Awards" took place at the Hyatt Regency CDMX, gathering more than 300 professionals from the Mexican legal community to recognize the leading legal players from private practice and in-house who have contributed to the Mexican and global market...
09
May 09, 2023
Banking and Finance
Familiar firms steer Grupo Bimbo green financing
Ritch Mueller represented BBVA Mexico, as lender, in a USD$275 million revolving loan in favor of Grupo Bimbo. Read article (subscription site) Other media Líder Legal (only available in Spanish) LatinFinance...
18
April 18, 2023
Banking and Finance
Pan American Silver boosts LatAm presence with Yamana Gold buy
Ritch Mueller represented the Bank of Montreal, and certain financial institutions, in an amended and restated credit agreement pursuant to which certain credit facilities to Pan American Silver Corp., were increased for a total principal amount of up to USD$1,250 million. Read note...
