Skadden, Paul Hastings Advise Mexico Loans

Skadden advised on a $854 million credit facility to Mexican mining company Minera Frisco, controlled by Mexican multibillionaire Carlos Slim. Here the Asiento mine. (pPoto: Minera Frisco)

Alejandro Gonzalez, Skadden; Andrés Mena, Paul Hastings and Marcelo Mottesi, Milbank. (Latinvex collage)

Wednesday, December 18, 2019

Legal Briefs

Milbank advises Avianca debt restructuring, additional loan.

BY LATINVEX STAFF

Skadden advised on two Mexican loans totaling $1.2 billion; Paul Hastings represented Argentina-based MercadoLibre, the leading Latin American e-commerce company, in a Mexican credit facility with Goldman Sachs Group; Milbank represented Colombia-based Avianca Holdings in connection with the successful renegotiation of $250 million debt, and securing an additional $125 million loan; Shearman & Sterling advised France-based energy company Engie on project financing for solar parks and wind farms in Mexico (Engie's first green loan financing for renewables projects in the world) and Holland & Knight advised on two Banco Multiva loans totaling $71.2 million to two Mexican states.