Holland & Knight Assists Banco Multiva on $60 Million Loan to Mexican State of Nuevo Leon
MEXICO CITY (January 22, 2018) – Attorneys in Holland & Knight’s Mexico City office recently advised Banco Multiva on the issuance of a MXN$1.2 billion (US$60 million) loan to the Mexican state of Nuevo Leon. The transaction closed on Jan. 17.
The loan was granted pursuant to the law on financial discipline for federal entities and municipalities (Ley de Disciplina Financiera de las Entidades Federativas y los Municipios). Banco Multiva was selected as lender to the state of Nuevo Leon through a competitive bidding process.
Holland & Knight Mexico City-based Partner Alejandro Landa Thierry led the firm's representation of Banco Multiva with the assistance of Associate José Luis Villareal and Paralegal Gerardo Rotzinger.