DLA Piper represented Grupo Sports World S.A.B. de C.V., a company that operates family fitness clubs in Mexico, in the refinancing of its debt before HSBC, Banco Santander and Arrendadora Actinver.
The agreements reached with the financial institutions will improve the company’s debt structure and generate financial flexibility in a time of global uncertainty.
“We were pleased to utilize our extensive experience advising leading companies in complex finance transactions to support Grupo Sports World in its refinancing, which will position it well for success in the current business environment,” said DLA Piper partner Xavier Mangino, who led the firm’s deal team.
In addition to Mangino, the DLA Piper team representing Grupo Sports World included partners Edgar Romo and associates Adolfo Obregon and Javier Pichardini (all of Mexico City).
DLA Piper advises on all aspects of financing, across borders, sectors and financial products. The firm’s lawyers advise issuers, underwriters, selling shareholders, sponsors, arrangers, lead managers, originators, dealers, trustees and depositaries on a broad range of capital markets offerings, including equity, equity-linked and debt securities, structured and project financings and securitizations.