Axtel’s $322 Million Amended Credit Facility


Paul Hastings, Ritch, Mueller, Heather y Nicolau and Shearman & Sterling advised on the transaction

Axtel, S.A.B. de C.V. finalized a negotiation with HSBC México on amendments connecte to a $322 Million Loan.

Axtel, S.A.B. de C.V. provides local and long distance telecommunications services, data transmission and internet services in Mexico, to both residential and business customers. The company, led by Rolando Zubiran Shetler, Ricardo J Hinojosa Gonzalez and Adrian Cuadros Gutierrez, in 2017 recorded $833 Million Revenues.

Paul Hastings advised Axtel, S.A.B. de C.V. with Michael Fitzgerald (Picture) Joy Gallup, David Makso, Pedro Reyes, Diego Ostos and Hannah Kropp.

Ritch, Mueller, Heather y Nicolau, advised HSBC Bank USA and HSBC México with Jean Paul Farah and Gabriel Robles Beistegui.

Shearman & Sterling advised HSBC Bank USA and HSBC México with Denise Grant, Augusto Ruiloba and Stephen Roberts.

Involved fees earner: Jean Paul Farah Chajín – Ritch, Mueller, Heather y Nicolau, SC; Gabriel Robles Beistegui – Ritch, Mueller, Heather y Nicolau, SC; Denise Grant – Shearman & Sterling; Augusto Ruiloba – Shearman & Sterling; Michael Fitzgerald – Paul Hastings; Joy Gallup – Paul Hastings; Pedro Reyes – Paul Hastings; David Makso – Paul Hastings;

Law Firms: Ritch, Mueller, Heather y Nicolau, SC; Shearman & Sterling; Paul Hastings;

Clients: HSBC; Axtel, S.A.B. de C.V.; HSBC Mexico SA;

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Author: Ambrogio Visconti