MEXICO CITY (December 11, 2019) – Holland & Knight Partner Alejandro Landa Thierry and Associate José Luis Villareal recently advised Banco Multiva on a MXN$680 million (US$35.4 million) loan to the Mexican state of Quintana Roo. The transaction closed on December 9.
The loan was granted pursuant to Mexico's 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 Quintana Roo through a competitive bidding process.
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