Banking and Finance News
2023
05
April 05, 2023
Banking and Finance
Grupo Bimbo expands green loan to US$1.9 billion
Ritch Mueller represented BBVA, as administrative agent and the lenders, in the refinancing of Grupo Bimbo's USD$1,935 millon revolving loan. Read note (subscription site) ...
23
March 23, 2023
Banking and Finance
Newsflash - Amendments to Circular 4/2012 from Banco de México (Initial and Variation Margins)
On March 14, 2023, Banco de México(1) published Circular 2/2023 in the Official Gazette of the Federation, whereby Circular 4/2012, containing the Regulations of Derivative Transactions (hereinafter the "Rules"), was amended. The amendments mainly incorporate the obligation of Mexican banks...
08
February 08, 2023
Banking and Finance
Fintech from Puerto Rico Evertec gets USD$615 million loan
Ritch Mueller represented Truist Bank, as administrative agent, collateral agent, swingline lender and L/C issuer, in the negotiation and execution of a credit agreement to Evertec Group for USD$615 million, for the repayment of existing indebtedness and general corporate purposes. Read note...
26
January 26, 2023
Ritch Mueller
Ritch Mueller wins Law Firm of the Year in Mexico in LatinFinance's Awards 2022
On January 26, LatinFinance announced the winners of the Deals of the Year Awards 2022, which recognized the most outstanding financial transactions in Latin America, as well as the individuals and institutions that participated in them. Ritch Mueller was once again the winner of the Law Firm of...
25
January 25, 2023
Banking and Finance
TC Energy refinances pipelines in Mexico
Ritch Mueller represented The Bank of Nova Scotia, as administrative agent, and the lenders, in the negotiation and execution of a USD$2,300 million credit agreement to TC Energy for the refinancing of existing indebtedness, working capital and general corporate purposes. Read...
2022
16
December 16, 2022
Banking and Finance
Mexican tiles company lays down loan
Ritch Mueller represented the administrative agent and the lenders, in the negotiation and execution of a term loan agreement to Interceramic, for the repayment of existing indebtedness and general corporate purposes. Read news (subscription site)...
29
November 29, 2022
Banking and Finance
Holding company ups stake in Mexican poultry group Bachoco
Ritch Muller represented Scotiabank, Citibanamex, BanBajío and Banorte, in the negotiation and execution of a credit agreement to Edificio del Noroeste, for an amount of up to MXN$14,000 million, secured by means of a securities pledge (prenda bursátil) over the shares of Bachoco....
24
October 24, 2022
Banking and Finance
TC Energy-IEnova pipeline in Mexico gets refinancing
Ritch Mueller represented Citibank, Citibanamex, Scotiabank Inverlat and The Bank of Nova Scotia, in a USD$1,560 million unsecured senior financing to Infraestructura Marina del Golfo (IMG), to provide IMG with funds to repay existing indebtedness. Read note (subscription site)...
21
October 21, 2022
Banking and Finance
Peruvian medical group enters Mexico
Ritch Mueller represented Grupo Salud Auna México, as borrower, in the negotiation and execution of a credit and guaranty agreement, in which Banco Santander México, acted as Administrative Agent, for the amount of USD$350 million, to finance the acquisition of Hospitales OCA....
20
October 20, 2022
Ritch Mueller
Ritch Mueller - New Partners Announcement 2023
We are pleased to announce as Partners of our firm as of January 1, 2023: Eric Silberstein Lerner, who joined the firm in 2016. He has over 10 years of experience advising buyers, private equity funds, sellers and financial advi- sors in the acquisition process of financial entities and...
