Santamarina y Steta advises NADBank on green credit for urban re-densification in Monterrey

Santamarina y Steta, SC advised the North American Development Bank (NADBank), a bilateral financial institution established and capitalized by the Governments of Mexico and the United States of America, in the granting and structuring of a green loan in favor of Grupo KELQ, SAPI de CV, SOFOM, ENR, a subsidiary of the Grupo DINERCAP, SAPI de CV corporation, with the objective of supporting the financing of various projects to strengthen environmental and sustainable development on the northern border of Mexico. Specifically, the loan will support an urban re-densification project in the center of the city of Monterrey, Nuevo Leon.

We appreciate the trust placed in us by the North American Development Bank to support them in this important operation.

The Santamarina y Steta, SC team involved in the operation was made up of partners Sergio Chagoya and Diego Ostos, and associates Elías Zaga and Mauro Valencia.