Cases
Experience: Representative Matters: Value Arrendadora.: Representation on securing a MXN $2,910 million credit line with Banobras, intended to finance infrastructure
public services projects in Mexico.
Grupo Olvera.: Representation of Grupo Olvera in the sale of majority ownership in Eno, one of chef Enrique Olvera's restaurant chains, to Grupo La Mansion.
Government of the State of Veracruz.: Represented the Government of the state of Veracruz in the restructuring of two financings that together amount to MXN$4.8 billion (US$240 million).
APP Caminos del Sur: . Represented Banco Azteca (BAZ) in granting a syndicated loan in favor of Conservadora Mexiquense de Caminos del Sur to be used in the public-private partnership (PPP) project for the rehabilitation
conservation of 1,637 kilometers of roads
highways in the state of Mexico. The loan was granted in the amount of MXN$4.47 billion
is divided into several tranches.
Tren Maya: . Represented BANOBRAS in a transaction granting a loan to ICA, to be used in the construction of the fourth section of the Mayan Train (Izamal-Cancun), in the amount of MXN$4 billion.
Gran Museo del Mundo Maya: . Represented Banorte in the acquisition, via financial factoring, of the collection rights for MXN$4 billion derived from the termination payments the state of Yucatan must cover in connection with the service contract of the Gran Museo del Mundo Maya de Merida.
APP Veracruz: . Advised the Mexican federal government in the negotiation of the first PPP contract for the construction of a federal penitentiary center in the state of Veracruz with an initial investment of MXN$6 billion.
CATBONDS: . Advised the Mexican federal government in the issuance
international placement of Mexico's catastrophe bonds.
Bonos Verdes: . In 2017
2018, advised Mexico City's government in the implementation
structuring of an annual issuance program backed by the federal government. This was the first green-bonds issuance of its kind made by a city in Latin America.
Subnational Debt Restructuring: . Represented several Mexican states
municipalities in the restructuring
refinancing of their total public debt for amounts up to MXN$50 billion.
CDMX Earthquake: . Advised the Mexico City government in the negotiation
implementation of a trust for granting mortgage loans to people affected by the 2017 earthquake in Mexico City.
Bonos CIEN: . Advised the federal government
its 32 federal entities in the securitization of the Fondo de Aportaciones Multiples (FAM) for the placement of MXN$50 billion for the development
construction of educational infrastructure.
CPS OADPRS: . Represented the federal government in the financing
compliance of the agreements for the provision of services for eight federal penitentiary centers.
Restructuring & Bankruptcy: Represented one of the main bondholders in the restructuring
bankruptcy proceeding of a developer of sustainable energy technologies
projects. The company's original issuance program was MXN$3 billion.
Advised
represented a Mexican federal government entity in bankruptcy proceedings of various companies dedicated to the construction of social interest housing. The first two loans granted to bankrupted companies (DIP financing) were structured
implemented under the new Mexican Bankruptcy Law published in 2014.
Advised
represented several bank creditors in the restructuring
bankruptcy proceeding of one of Mexico's main retail companies. The total amount of the loans in favor of the bankrupted company was, at the time, approximately MXN$20 billion.
Represented the state of Veracruz Ignacio de la Llave in the restructuring
refinancing proceeding of all its public debt for a total amount of MXN$46 billion.
Advised the state of Chihuahua in the restructuring proceeding of its public debt for approximately MXN$36 billion.
Represented the state of Nuevo Leon in the restructuring proceeding of its public debt for MXN$38.343 billion.
Advised an ad hoc banking committee in the first restructuring of the state of Mexico's public debt. Subsequently, advised most of the private
governmental bank creditors of the state of Mexico in a second debt restructuring for MXN$35 billion.
Legal advisor in the refinancing
restructuring proceeding of the entire public debt of Mexico City, which, at the time, exceeded MXN$50 billion.
The above representations were h
led by Mr. Orozco Waters prior to his joining Greenberg Traurig, S.C.