Cases & Deals

Invex Infraestructura 4 obtains US$139 million credit facility

Client(s) Grupo Simsa, S.A. de C.V.

Jones Day represented Invex Infraestructura 4, S.A.P.I de C.V., a subsidiary of Grupo Simsa, S.A. de C.V., in connection with a US$139 million credit facility with BBVA Mexico, S.A. for the refinancing of an oil-product storage facility in the port of Tuxpan, Mexico. The deal included the simultaneous repayment of a syndicated loan previously granted by a syndicate of four Mexican financial institutions; the contracting of the new credit facility as well as the substitution of guaranties in favor of the new lender.