CaixaBank’s USD 60 Million Refinancing for Excellence Riviera Cancun Resort

Cuatrecasas advised CaixaBank on the deal.

CaixaBank S.A. announced the loan refinancing for the Excellence Riviera Cancun Resort through a USD 60 million credit facility for the Mexican company Inversiones Palma, S. de R.L. De C.V.

The financing has the usual collateral in this type of transaction, including a mortgage on the hotel. This deal consolidates the presence of CaixaBank in Mexico’s luxury hotel sector.

The team advising on the transaction was made up of Cuatrecasas lawyers León López (Picture), Juan Carlos Galicia, Jorge García de Presno, Alberto de Villa, Ana Isabel Echeverría and Emilio Ruvalcaba.

Involved fees earner: Alberto de Villa Albarrán – Cuatrecasas; Ana Isabel Echeverría Ortés – Cuatrecasas; Juan Carlos Galicia – Cuatrecasas; Jorge García De Presno – Cuatrecasas; León López – Cuatrecasas;

Law Firms: Cuatrecasas;

Clients: CaixaBank;

Martina Bellini

Author: Martina Bellini