Alsea’s €436,4 Million Syndicated Financing for the acquisition of Sigla SA


Garrigues, DLA piper, Skadden, Arps, Slate, Meagher & Flom, Uría Menéndez and Galicia Abogados advised on the transaction

Alsea, SAB de C.V. secured a €436,4 Million Syndicated loan from BBVA Bancomer, S.A., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Banco Santander México, S.A. in order to finance the acquisition of Sigla SA.

Alsea S.A.B. de C.V. is a multi-brand operator in Latin America, operating brands from the fast food, cafeteria and casual dining segments. The company, led by Alberto Torrado Martinez, Renzo Casillo and Rafael Contreras Grosskelwing, in 2017 recorded $2.26 billion revenues.

Garrigues advised Alsea, SAB de C.V. with Mónica Martín de Vidales (Picture), Susana Cabrera, Marcos Araujo, Gregorio Nevado, Xabier Urtiaga, Enrique Ferrer, Felipe Ochoa and Beatriz Gimeno.

DLA Piper Gallástegui y Lozano advised Alsea, SAB de C.V. with Xavier Mangino, Edgar Romo, William Candelaria, Manuel Suárez and Manuel Hallivis.

In NY, DLA Piper advised Alsea, SAB de C.V. with Jesse T. Kirsch.

Skadden, Arps, Slate, Meagher & Flom advised BBVA Bancomer, S.A., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Banco Santander México, S.A. with Alejandro Gonzalez Lazzeri, Nicolas Perez Sierra and Jürgen Spihlmann.

Uría Menéndez advised BBVA Bancomer, S.A., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Banco Santander México, S.A. with Javier Tortuero, David López Pombo, Marta López Narváez, Juan Alti, Violeta Pina Montaner and Luis Suárez de Centi Martínez.

In Mexico, Galicia Abogados advised BBVA Bancomer, S.A., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Banco Santander México, S.A. with Guillermo Pérez Santiago, Lili Abascal Sherwell Raull, Hugo Cuesta Tamayo and María Fernanda Koloffon Escalé.

Involved fees earner: William Candelaria – DLA Piper; Jesse Kirsch – DLA Piper; Xavier Mangino – DLA Piper; Edgar Romo – DLA Piper; Lili Abascal – Galicia Abogados, S.C; Guillermo Pérez Santiago – Galicia Abogados, S.C; Marcos Araujo Boyd – Garrigues; Susana Cabrera Zaragoza – Garrigues; Enrique Ferrer Poggio – Garrigues; Mónica Martín de Vidales Godino – Garrigues; Gregorio Nevado – Garrigues; Álvaro Felipe Ochoa Pinzón – Garrigues; Xabier Urtiaga Valle – Garrigues; Alejandro Gonzalez Lazzeri – Skadden Arps Slate Meager & Flom; Nicolas Perez Sierra – Skadden Arps Slate Meager & Flom; Jurgen Spihlmann – Skadden Arps Slate Meager & Flom; Juan Alti – Uría Menéndez; Marta López Narváez – Uría Menéndez; David López Pombo – Uría Menéndez; Violeta Pina – Uría Menéndez; Luis Suárez de Centi Martínez – Uría Menéndez; Javier Tortuero Ortiz – Uría Menéndez;

Law Firms: DLA Piper; Galicia Abogados, S.C; Garrigues; Skadden Arps Slate Meager & Flom; Uría Menéndez;

Clients: Alsea, S.A.B. de C.V.; Banco Santander Mexico SA; BBVA Bancomer; Merrill Lynch, Pierce, Fenner & Smith Incorporated;