The Firm represents lenders and borrowers across the full range of corporate financing transactions: single-bank and multi-bank bilateral facilities, club loans and syndicated credit facilities, revolving credit facilities and term loans, acquisition financing, and bridge facilities. We advise arrangers, agents, and lenders on lending and collateral structuring and documentation, and represent borrowers, investment-grade corporates, real estate investment trusts and infrastructure trusts (FIBRAs), family-owned enterprises, and financial sponsors, on facility negotiation, covenant analysis, and the management of complex lender syndicate relationships.

Mexico’s syndicated loan market has grown substantially in depth and sophistication, with domestic and international banks regularly participating in multi-tranche facilities governed by both Mexican and New York or English law. Our lawyers are experienced and fully dedicated to working across these parallel frameworks, structuring complex security packages that function effectively under Mexican law, documenting intercreditor arrangements that meet international lender standards, and coordinating the execution of both local and cross-border facilities that require close coordination of, and simultaneous closing in, multiple jurisdictions.

We advise financial sponsors, strategic acquirers, and lending syndicates on the full range of acquisition finance structures: leveraged buyout financings, acquisition bridge facilities, debt pushdown structures, and the increasingly common hybrid structures that combine bank debt with private credit or high-yield instruments. Our acquisition finance practice is closely integrated with the Firm’s M&A and Tax capabilities, allowing us to coordinate the financing and transactional workstreams of complex acquisitions from a single team rather than across separate advisers.

We understand the demands that acquisition financings impose: the pressure to execute on committed timelines, the need to coordinate complex security and guarantee structures across multiple jurisdictions, the sensitivity of information flows between financing and deal teams, and the importance of getting certain-funds and limited-conditionality structures right. That understanding informs how we structure our advice, how we organize our teams, and how we manage the interaction between financing counsel and M&A counsel throughout the transaction.

The Firm advises issuers, arrangers, and investors on structured finance and debt capital markets transactions in Mexico, including the issuance of certificados bursátiles and private placements in the domestic market, cross-border bond offerings, asset-backed structures, mortgage-backed securities, and other securitization vehicles. We work with a full range of market participants, from large corporate issuers and financial institutions to real estate investment trusts and infrastructure trusts (FIBRAs), on transactions that access both the domestic peso market and international capital markets.

Our structured finance work frequently requires coordinating Mexican regulatory requirements with the expectations of international investors and rating agencies, each of whom approaches the assessment of Mexican law-governed structures from their own analytical frameworks. We are experienced in that translation, understanding what international investors and rating agencies need to see, and structuring transactions in ways that address such needs while remaining fully operative under Mexican law.

Mexico’s infrastructure and industrial sectors are significant consumers of financing. The Firm advises lenders and sponsors on non-recourse and limited-recourse financings across infrastructure and manufacturing facilities. We structure the financing documentation, negotiate security packages over permitting rights, receivables, and physical assets, draft direct agreements and step-in rights for lenders, and manage the regulatory authorizations that financings in Mexico’s regulated sectors require.

Asset finance, the financing of aircraft, vessels, rolling stock, maquila programs, and industrial equipment represents an additional area of established capability. We advise lessors, lessees, lenders, and manufacturers on acquisition and sale-leaseback structures, finance and operating lease arrangements, export credit agency-backed facilities, and the registration and enforcement of security over movable assets under Mexican law.

Environmental, social, and governance considerations have moved from the periphery to the center of financing markets in Mexico, driven by the growing requirements of international lenders, the preferences of institutional investors, and the Mexican government’s commitments under its climate and development frameworks. The Firm advises borrowers and lenders on sustainability-linked loan facilities and green bonds that incorporate key performance indicators tied to environmental and social targets, on the structuring of green finance frameworks, and on the evolving regulatory landscape that governs sustainable finance in Mexico.

We work with clients on the legal dimensions of sustainability-linked financing, drafting and negotiating KPI schedules and ratchet mechanisms, advising on the implications of ESG-related representations and undertakings, and coordinating with second-party opinion providers and rating agencies on the certification of green and sustainable finance instruments. As the market for sustainable finance in Mexico continues to develop, the Firm is consistently engaged on its most innovative transactions.

Trade and supply chain finance serves as the operational lifeblood of Mexico’s manufacturing and export economy, and Mexico’s position at the center of nearshoring-driven industrial growth has made this an area of increasing strategic importance. The Firm advises banks, corporates, and supply chain finance platform providers on the structuring and documentation of trade finance facilities, including import and export letters of credit, pre-export and pre-payment facilities, receivables purchase structures, and the increasingly important category of supply chain finance programs that link major corporate buyers with their supplier networks.

We advise financial institutions and corporate counterparties on the documentation and regulatory treatment of over-the-counter derivatives under ISDA master agreements and related schedules, and on the structuring and regulatory compliance of financial products offered to institutional and retail clients in Mexico. Our derivatives practice requires close coordination with our financial regulatory team, given the application of Mexican financial market regulations to derivatives activity by domestic financial institutions, and the implications of foreign regulatory frameworks, including those applicable under US and EU derivatives regulations, to cross-border transactions involving Mexican counterparties.

Mexico’s financial technology sector has developed rapidly, driven by the country’s large unbanked population, the regulatory framework established by the Ley Fintech, and the growing interest of international fintech operators and investors in the Mexican market. The Firm advises fintech companies, financial institutions, and investors on the regulatory framework applicable to electronic payment fund institutions, collective financing (crowdfunding) platforms, virtual asset service providers, and the open banking requirements that apply across the financial sector.

We advise clients on regulatory authorization processes before Banxico and the CNBV, on the structuring of business models that interact with the Ley Fintech framework, on the legal and contractual dimensions of payment processing and digital lending arrangements, and on the financing and investment transactions that are fueling the growth of Mexico’s fintech ecosystem. As digital finance and financial innovation continue to evolve, the Firm is positioned to advise clients on the leading edge of that evolution in the Mexican market.

Real estate finance is one of Mexico’s most active and structurally complex financing markets — encompassing construction lending, investment property acquisitions, mortgage-backed facilities, FIBRA (Fideicomiso de Infraestructura y Bienes Raíces) capital structures, and the increasingly sophisticated financing arrangements that underpin Mexico’s commercial, industrial, hospitality, and residential real estate sectors. The Firm advises developers, investors, lenders, and FIBRAs on the full range of these transactions, combining our real estate and finance capabilities in a practice that is recognized among the leading offerings in the Mexican market.

Our real estate finance work spans acquisition financings for commercial and industrial properties, construction lending for large-scale development projects, refinancings and recapitalizations of existing real estate portfolios, and the structuring and financing of FIBRA platforms and vehicles. We advise lenders on security packages that function effectively over Mexican real estate assets, including fideicomiso structures, mortgage registrations, and the coordination of title and priority issues across complex portfolios, and represent borrowers and sponsors on the negotiation of financing terms and the management of ongoing lender relationships.

For FIBRAs and other listed real estate investment vehicles, the Firm provides an integrated service that combines real estate finance, capital markets, and corporate governance expertise. We advise on the issuance of certificados bursátiles fiduciarios inmobiliarios (CBFIs) in the domestic market, on the structuring of FIBRA capital raises and debt refinancings, on regulatory compliance before the CNBV and the BMV, and on the governance and disclosure obligations that apply to listed real estate vehicles in Mexico. That breadth of capability, from asset-level financing through to capital markets execution and ongoing regulatory compliance, reflects the Firm’s commitment to providing real estate clients with counsel across the full lifecycle of their investments.

Agriculture is a cornerstone of Mexico’s economy and a strategic priority under the country’s national development policy. Mexico ranks among the world’s leading agricultural producers and exporters, and the federal government has consistently channeled public policy, fiscal incentives, and development banking programs, through institutions such as FIRA (Fideicomisos Instituidos en Relación con la Agricultura) and Financiera Nacional de Desarrollo Agropecuario, toward expanding access to credit for the agricultural sector. That policy environment, combined with growing institutional and private investor appetite for exposure to agribusiness assets, has generated a dynamic and increasingly sophisticated market for agricultural finance in Mexico.

The Firm advises lenders, borrowers, development finance institutions, and agribusiness companies on the structuring, documentation, and negotiation of financing transactions across the agricultural value chain. Our work in this area encompasses structured credit facilities for agricultural producers and processors, project finance for large-scale agribusiness operations, warehouse receipt and inventory-backed financing, equipment and asset finance for agricultural machinery, sustainability-linked facilities tied to responsible farming practices, and the issuance of debt instruments to fund rural development and agro-industrial projects. We also advise on the design and implementation of guaranteed structures, including those supported by government-backed programs, and on the regulatory considerations applicable to credit extended through development banking channels.

Our agricultural finance practice draws on the Firm’s broader strengths in banking and finance, real estate, environmental, and regulatory law, reflecting the multi-disciplinary nature of transactions in this sector. Whether advising a commercial bank on a portfolio of agricultural credit facilities, structuring a green bond to finance sustainable farming infrastructure, or representing a development finance institution on a guarantee program for smallholder producers, we bring the same depth and rigor to agribusiness finance that our clients expect across all our financing mandates.