Gonzalez Calvillo, October 18th, 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 structured loan for MXP$1 billion entered into with International Finance Corporation (IFC), as lender.
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.
With this transaction, HIR Casa and the IFC will present a new product that seeks to promote real estate financing and mortgage aid for women in Mexico. This forms part of the effort being conducted by HIR Casa in the financial and estate/patrimonial development of women, committed with specific actions to help reducing the gender disparity that exists in the region.
The team was led by our partner, Bernardo Reyes Retana, and senior associate, Franciso Álvarez, supported by our associate, Fernando Blanco.
Find more details about this coverage here: Global Legal Chronicle
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