Banco Multiva’s $35.4 Million Loan to Mexican State of Quintana Roo

Holland & Knight advised Banco Multiva on the deal.

Banco Multiva issued 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.

Holland & Knight advised Banco Multiva with a team led by Partner Alejandro Landa Thierry (Picture) and Associate José Luis Villareal.

Involved fees earner: Jose Luis Villareal – Holland & Knight; Alejandro Landa Thierry – Holland & Knight;

Law Firms: Holland & Knight;

Clients: Banco Multiva S.A.;

Author: Ambrogio Visconti.