Gonzalez Calvillo, July 13th, 2023 .- We acted as independent counsel to HIR Casa (Bienes Programados), through Banco Invex as trustee and as borrower, in the structuring and implementation of a syndicated structured loan for MXP$2 billion entered with BBVA Mexico (as agent bank), BanCoppel, Banco Bx+, Banco del Bajío, Bank of China Mexico, CIBanco, Banco Monex, and Banco Sabadell, as lenders.
In addition, Banco Invex acted as trustee of the vehicle executing the loan agreement, HIR Casa acted as Primary Manager, and Administradora de Activos Financieros (ACFIN) acted as Master Servicer.
This transaction reiterated the trust that banks have in HIR Casa, a non-banking financial institution (IFNB, for its acronym in Spanish) that recently did its come-back to the securities market in Mexico with a successful securitization program of mortgage loans.
The team was led by our partner Bernardo Reyes Retana Krieger, including associates Francisco Javier Álvarez and Diego Hernández Abascal.
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