DLA Piper advised Crédito Real, S.A.B. de C.V., SOFOM, E.N.R. in obtaining US$50 million line of credit from Barclays and US$25 million line of credit from responsAbility
DLA Piper advised Crédito Real, S.A.B. de C.V., SOFOM, E.N.R., a leading specialty finance company with operations in Mexico, the United States and Central America, in obtaining a US$50 million line of credit from Barclays Bank PLC and a US$25 million line of credit from certain responsAbility funds.
“We were pleased to partner again with Crédito Real, bringing our experienced cross-border team and extensive finance capabilities to assist our client in obtaining these financings, which will continue to position it for success in the current economic environment,” said Raul Farias, the DLA Piper partner who led the firm’s deal team.
“We are pleased to announce these transactions, as they reflect our capacity to tap into financing sources and the solid confidence held by the market, including creditors and investors, in Crédito Real,” said Renata González, Head of Investor Relations for Crédito Real.
Along with Farias (New York and San Diego), the DLA Piper team advising Crédito Real included partners Martin Bartlam (London), Edgar Romo (Mexico City) and José A. Sosa-Lloréns (San Juan), as well as associates Clara Fong (London), Javier Pichardini and Joaquin Gallastegui (both of Mexico City).
DLA Piper advises senior lenders, mezzanine lenders, equity investors, investment funds and borrowers on all aspects of syndicated and bilateral debt financing.