Banorte leads Syndicated Credit for $5 billion pesos with Innovasport

Santamarina + Steta acted as external legal advisor to BANORTE as administrative agent, structuring agent and creditor, and to BBVA, HSBC, SABADELL, SCOTIABANK and BANBAJIO as creditors, in the execution of a simple credit opening contract with Innovasport, as borrower, for up to $5,000 MN.

We appreciate the trust placed in us by Banorte and the syndicated banks to support them in this important operation.

The Santamarina + Steta team involved in the operation was led by Juan Carlos Machorro, Ricardo Orea, Margarita Casarin e Inigo Garcia.