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Gonzalez Calvillo acts as Mexican counsel to Grupo Resuelve tu Deuda (RTD) in the increase granted by Alloy

Mexico City – October 19th, 2021 – Gonzalez Calvillo, a leading Mexican law firm, represented RTD as borrower, in the execution of a Second Amendment Agreement to the Credit Agreement dated December 10, 2019 (the “Original Contract”), as it has been amended pursuant to the First Amendment Agreement dated December 17, 2020 (the “First Amendment Agreement”) pursuant to which, among others, the credit line was increased by USD $ 10’000,000.00 (Ten million Dollars) granted by AM Partners (Alloy) as lender, -a cross-border financial company with operations in Mexico and the United States of America- to, among others, fund intercompany loans with its subsidiaries for working capital, exclusively in Colombia, Mexico and Spain (the “Financing Operation”).

As part of the Financing Operation, the restatement of the Original Agreement was necessary, as well as the ratification of the existing guaranties, and the creation of a pledge granted in Colombia as part of the negotiation of the increase in the credit line.

The matter was challenging due to the interrelation of the Financing Operation documents and the multiplicity of jurisdictions involved, therefore, it was necessary to implement all the actions and conditions necessary to achieve the closing of the transaction in time.

Gonzalez Calvillo’s team was led by Partner José Ignacio Rivero, and included Associates Luis González Ludlow, Rodrigo Poumian González and Alonso Mirón Granados.

Practice area: Corporate Finance

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About Gonzalez Calvillo

For over 30 years, Gonzalez Calvillo has been at the forefront of the legal market in Mexico as a full-service leading law firm due to its transactional core and expertise in a wide range of practice areas. The firm is recognized for its ability to build cross-disciplinary teams for the most complex legal challenges and long track record of successfully providing groundbreaking business and regulatory advice to high profile domestic and international companies. Often described as a pioneer of the Mexican legal services industry, the firm is known for its commitment to do things differently, bespoke solutions, and creating transformational legal changes that enable clients achieving their objectives. For more information, please visit www.gcsc.com.mx.

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