Construcciones y Auxiliar de Ferrocarriles’s $330 Million Debts Restructuring


Nader Hayaux & Goebel, Ritch, Mueller, Heather y Nicolau, Linklaters, Curtis, Mallet-Prevost, Colt & Mosle and B. Cremades & Asociados advised on the deal

Construcciones y Auxiliar de Ferrocarriles (Grupo CAF), through Ferrocarriles Suburbanos, S.A.P.I. de C.V., executed the financial resructuring of its debts and rinegotiation of terms for Mexico City suburban rail service concession.

The transaction included the rinegotiation of terms for $300 Loan with Banco Santander and a new $130 Million syndicated loan with Banco Nacional de Obras y Servicios Públicos (Banobras).

Nader Hayaux & Goebel advised Construcciones y Auxiliar de Ferrocarriles (Grupo CAF) and Ferrocarriles Suburbanos, S.A.P.I. de C.V. with a team including Alejandro Rojas V. (Picture) and Fernando Castillo V.

Ritch, Mueller, Heather y Nicolau advised Banco Santander with Ricardo Calderón Mendoza, María C. Isoard, Luis Miguel Posadas Yáñez and Luis A. Suárez Del Real.

Linklaters advised Banco Santander, BBVA, Bankia, Société Générale, Kutxabank, Instituto de Crédito Oficial and Crédit Agricole CIB with Iñigo Berricano, Jorge Alegre and Cristina Yanguas.

Curtis, Mallet-Prevost, Colt & Mosle advised Banco Nacional de Obras y Servicios Públicos (Banobras) with Rodrigo Valverde Sánchez and Abraham Sosa Robles.

B. Cremades & Asociados advised Banco Nacional de Obras y Servicios Públicos (Banobras) with Javier Rodríguez Santos.

Involved fees earner: Francisco Javier Rodríguez Santos – B. Cremades & Asociados; Alejandro Rojas Vera – Nader, Hayaux & Goebel; Fernando Castillo – Nader, Hayaux & Goebel; María Concepción Isoard Viesca – Ritch, Mueller, Heather y Nicolau, SC; Luis Miguel Posadas Yáñez – Ritch, Mueller, Heather y Nicolau, SC; Rodrigo Valverde Sánchez – Curtis Mallet-Prevost Colt & Mosle; Abraham Sosa Robles – Curtis Mallet-Prevost Colt & Mosle; Íñigo Berrícano – Linklaters; Jorge Alegre – Linklaters;

Law Firms: B. Cremades & Asociados; Nader, Hayaux & Goebel; Ritch, Mueller, Heather y Nicolau, SC; Curtis Mallet-Prevost Colt & Mosle; Linklaters;

Clients: Bankia; Crédit Agricole Corporate and Investment Bank; Banco Santander Sa; Société Générale; Banco Bilbao Vizcaya Argentaria (Bbva); Instituto de Crédito Oficial; Banco Nacional de Obras y Servicios Públicos (Banobras); Construcciones y Auxiliar de Ferrocarriles SA; Kutxabank S.A. ;

Author: Ambrogio Visconti.