New York, NY--
Paul Hastings LLP, a leading global law firm, announced today that it represented Tenedora Nemak, S.A. de C.V., a Mexico-based holding company engaged primarily in the production of aluminum engine blocks, cylinder heads and transmission components, in a US$465,000,000 senior unsecured loan from BBVA Securities Inc., Citigroup Global Markets., Inc., HSBC Securities (USA) Inc., Santander Investment Securities Inc., and Citibank, N.A. The proceeds were used to refinance existing indebtedness and consolidate a number of outstanding credit facilities.
Latin America partners Michael Fitzgerald
and Joy Gallup
led the Paul Hastings team, which also included associate Veronica Rodriguez
and international associate Pedro Vasconcellos. Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.