Cementos de Chihuahua, S.A.B. de C.V.’s $400 Million Refinancing

Ritch, Mueller, Heather y Nicolau, Galicia Abogados and Shearman & Sterling advised on the transaction

Grupo Cementos de Chihuahua, S.A.B. de C.V. secured a $400 Million Financing and an additional $50 Million revolving loan from a banking syndicate including BBVA Bancomer S.A., Banco Nacional de México, S.A., J.P. Morgan Chase Bank, N.A., and The Bank of Nova Scotia.

Grupo Cementos de Chihuahua SAB de CV is a building products company. The Company, led by Hector Enrique Escalante Ochoa, Luis Carlos Arias Laso and Daniel E Helguera Moreno produces, distributes and markets cement, ready-mixed concrete, aggregates, and innovative products related to the construction industries.

Ritch, Mueller, Heather y Nicolau advised Grupo Cementos de Chihuahua with Luis Nicolau Gutiérrez (Picture) and Eric Silberstein Lerner.

Galicia advised BBVA Bancomer S.A., Banco Nacional de México, S.A., J.P. Morgan Chase Bank, N.A. and The Bank of Nova Scotia with Guillermo Pérez Santiago, Rosemarie McLaren and Emiliano Flores.

In US, Shearman & Sterling advised BBVA Bancomer S.A., Banco Nacional de México, S.A., J.P. Morgan Chase Bank, N.A. and The Bank of Nova Scotia with Denise Grant, Nathan Tasso, Paula Howell Anderson, Rita Ghanem and Daniel Kachmar.

 

Involved fees earner: Guillermo Pérez Santiago – Galicia Abogados, S.C; Rosemarie McLaren – Galicia Abogados, S.C; Luis Nicolau Gutiérrez – Ritch, Mueller, Heather y Nicolau, SC; Eric Silberstein Lerner – Ritch, Mueller, Heather y Nicolau, SC; Denise Grant – Shearman & Sterling; Rita Ghanem – Shearman & Sterling; Nathan Tasso – Shearman & Sterling; Paula Howell Anderson – Shearman & Sterling;

Law Firms: Galicia Abogados, S.C; Ritch, Mueller, Heather y Nicolau, SC; Shearman & Sterling;

Clients: Scotiabank; JPMorgan Chase & Co.; Banco Nacional de México, S.A.; BBVA Bancomer; Grupo Cementos de Chihuahua SAB de CV;

 

Author: Ambrogio Visconti.