The USMCA enters into force
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We acted as counsel to Citibank, N.A., as, among others, administrative agent, and UMB Bank, National Association, as security trustee, in the granting by a group of lenders of a series of loans for a total amount of USD$285 million, in favor of APR Energy LLC (“APR”), a worldwide leader in energy solutions.
The transaction involved, among others, the implementation of a collateral package regarding the Mexican assets of APR and certain of its affiliates, through the negotiation and execution of several floating lien pledge agreements.
The lawyers involved in this transaction are our partners José Ignacio Rivero Andere and Jaime Cortés Álvarez, associates Jacinto Avalos Capín, Carlos Diz Rodriguez and law clerk Alonso Mirón Granados.
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