Attorneys from global law firm Greenberg Traurig’s Mexico City office represented SSA Holdings Mexico, one of the foremost port operators in Mexico, as borrower, and SSA Mexico, in a syndicated revolving credit facility for USD200 million, with BBVA Mexico as administrative agent. BBVA Mexico and Banorte participated as lenders and joint lead arrangers of the transaction.
SSA Mexico is a subsidiary of Carrix, Inc., one of the world’s leading private port operators, present in nine countries including the United States, Canada, and Mexico, as well as in the Caribbean and Central America. Since 1995, SSA has been present in Mexico, where it has established itself as the main port operator nationwide, developing terminals for automobile, container, cruise, and general cargo operations in some of the most important ports in the country.
SSA Mexico will increase its investments in infrastructure and state-of-the-art equipment by 42%, according to the company’s press release.
The Greenberg Traurig team was led by Infrastructure Practice Shareholder Fernando Orrantia Dworak. Associate Ana Acosta Silva advised on the banking and finance side of the transaction.
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