Santamarina Steta

Samsonite global credit restructuring

Samsonite International S.A., the leading global company in the lifestyle bag industry and renowned as the largest and most recognized travel luggage brand, has successfully concluded a substantial global credit restructuring valued at a total amount of $2,500’000,000.00 (two billion five hundred million dollars 00/100, legal currency of the United States of America). 

By implementing this restructuring plan, Samsonite is well-positioned to navigate its financial commitments with reliability.

The legal counsel entrusted with carrying out this operation on behalf of Samsonite in Mexico was Santamarina y Steta, supported by a team led by Jorge León-Orantes B., Ilse Bolaños A., and Mauricio Garibaldi B. These legal experts provided invaluable guidance and representation to the Mexican subsidiaries to guarantee the obligations of Samsonite International S.A. under the second amended and restated credit and guaranty agreement entered into on June 21, 2023.