Go to main content

Banorte leads Syndicated Credit for $5 billion pesos with Innovasport

December 12, 2023 /

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.

Related articles

Santamarina and Steta International Commercial Arbitration

Santamarina + Steta and Quinn Emanuel obtain arbitration award…

We are pleased to share that we obtained a favorable award for our client in a high-profile international commercial arbitration. The result…
shutterstock 2422226279 1

Aviva acquires Probitas Holdings

Santamarina y Steta advised, as a local firm, Aviva PLC, the largest general insurer in the United Kingdom, on the acquisition of Probitas Holdings, L…
Natural,Cosmetics,Factory,Assembly,Line

Santamarina y Steta, SC advises kdc/one on refinancing…

Knowlton Development Corporation, Inc. (kdc/one), a global provider of value-added solutions for brands in the beauty, personal care, and beauty industries…