MEXICO CITY (February 11, 2015) – Holland & Knight represented Banco Multiva in a US$90 million financing to the state of Coahuila. The deal closed on January 29.
The financing was awarded by means of a public auction and was the first financing the state has entered into after its US$2.5 billion financial reorganization in 2011. The rating of the state of Coahuila has been improving since its reorganization.
"We are glad to assist Banco Multiva in such an important and precedent-setting financing," says Alejandro Landa Thierry, a partner with Holland & Knight in Mexico City.
Mr. Landa Thierry led the firm's representation of Banco Multiva with the assistance of associate Armando Figueroa.
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