Banking and Finance News
2021
22
September 22, 2021
Banking and Finance
Grupo Bimbo gets first sustainable financing
Ritch Mueller represented BBVA, as administrative agent, and the lenders, in a USD$1,750 million revolving loan to Grupo Bimbo, for general corporate purposes of the borrower and its subsidiaries. Read note (subscription site)...
13
August 13, 2021
Banking and Finance
Mexico’s Grupo Gigante gets refinancing
Ritch Mueller represented BBVA, Santander, Scotiabank and HSBC, in the refinancing of Grupo Gigante's existing debt for an aggregate amount of MXN$4,850 million. The consolidated credit agreement is secured by means of a security trust agreement and a securities' pledge with transfer of...
24
June 24, 2021
Banking and Finance
Client Alert - Reporting obligations of Electronic Payment Fund Institutions (“IFPEs”) and Crowdfunding Institutions (“IFCs”)
The publication of several authorizations in the Federal Official Gazette in recent months allowing various companies to be organized and operate as Electronic Payment Fund Institutions (“IFPEs”) or as Crowdfunding Institutions (“IFCs”) has accelerated the Fintech...
22
June 22, 2021
Banking and Finance
ESG
Coppel obtains US$1,942.3 million loan linked to ESG standards
Ritch Mueller represented Banco Santander México, BBVA Bancomer, HSBC México, and Scotiabank, as structuring agents and lenders, Banco Santander México, as administrative agent and Banco Santander and BBVA Bancomer as environmental, social and governance agents, in a...
21
April 21, 2021
Banking and Finance
AT&T Mexico obtains a syndicated loan for USD$679 million
Ritch Mueller represented Banco Nacional de México, as administrative agent, in the negotiation and execution of the Amended and Restated Credit Agreement dated March 12, 2021, entered into by AT&T Comunicaciones Digitales, as borrower, guaranteed by AT&T Telecom Holdings and...
21
April 21, 2021
Ritch Mueller
Newsflash - Congress approves new rules on Outsourcing and Insourcing
On April 13, 2021 and April 20, 2021, the Chamber of Representatives (Cámara de Diputados) and the Chamber of Senators (Cámara de Senadores), respectively, approved, with some amendments, the initiative submitted by the President of Mexico on November 12, 2020 (the...
26
February 26, 2021
Banking and Finance
Newsflash - Bill Regulating Payroll Deduction Loans
On February 18, 2021, the Mexican Senate passed a bill (the “Bill”) to amend and supplement several provisions of the General Law of Negotiable Instruments and Credit Transactions (“LGTOC”), the General Law on Credit Organizations and Related Activities (“LGOAC”)...
28
January 28, 2021
Ritch Mueller
Ritch Mueller wins Law Firm of the Year in Mexico in LatinFinance's Awards
On January 28, the LatinFinance Deals of the Year Awards 2020 were held to recognize the most outstanding transactions in the financial markets in Latin America, as well as the individuals and institutions involved. Ritch Mueller won the award for Law Firm of the Year in Mexico, and was...
2020
01
October 01, 2020
Ritch Mueller
Ritch Mueller - New Partners' Announcement 2021
We are pleased to inform you that as of January 1, 2021, Alejandra Echeverria Gonzalez and Gabriel Robles Beistegui will become partners of the firm. Read announcement...
03
August 03, 2020
Ritch Mueller
#ReporteÁgora:The Mexican firms that best navigate the COVID-19 crisis
On July 23, LexLatin published the first edition of its #ReporteÁgora, which was focused on "The Mexican firms that best navigate the COVID-19 crisis", highlighting the most relevant M&A, financing and debt offering transactions that took place during the first half of 2020. Ritch...
