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Samsonite International Global Credit Restructuring

July 18, 2023 /

Samsonite International SA, a global leader in the lifestyle bag sector and the world's largest and best-known travel luggage company, has carried out a global credit restructuring for the total amount of $2,500 (two billion five hundred million dollars 000,000.00/00, legal tender of the United States of America). 

With the implementation of this restructuring plan, Samsonite is well positioned to confidently meet its financial commitments.

The legal advisor in charge of carrying out this operation on behalf of Samsonite in Mexico was Santamarina + Steta, supported by a team headed by Jorge Leon-Orantes B., Ilse Bolanos A., and Mauricio Garibaldi B. These legal experts provided invaluable guidance and representation of various Mexican companies in securing Samsonite International SA's obligations in connection with the second amended and restated credit and security agreement entered into on June 21, 2023.

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