Santamarina y Steta excels at representing development financing institutions, including local banks, international and multilateral institutions, as both lenders and borrowers; it also has expertise in financial workouts. Its active Monterrey office is regularly instructed by high-profile borrower clients in the northeast of the country and complements the ‘responsive’ team led by Juan Carlos Machorro from Mexico City; he has extensive experience in investment and manufacturing projects. Sergio Chagoya represents lenders, sponsors and borrowers in a range of financial transactions including public offerings, securitisations and privatisations; ’exceptional lawyer’ Ricardo Orea advises banks and other financiers on energy, transport and asset-backed financing transactions; and Diego Ostos provides counsel on debt issuances and cross-border financial transactions. Of counsel Margarita Casarin - who works on syndicated and structured finance, project finance and infrastructure projects - is an additional name to note.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

‘The firm has the capacity and the necessary experts to advise its clients on all legal aspects related to large operations, as well as to offer timely and complete solutions to the challenges that arise in their negotiation.’
‘Sergio Chayoga handles top priority transactions with extraordinary competence; he is the person to choose to close difficult negotiations.’
‘They stand out in the market for the speed and quality of service. The team is solid in terms of knowledge and consolidated in terms of work dynamics. Ricardo Orea is an exceptional lawyer, committed to their work and always available to help their clients.’
‘Very responsive, always there for us.’
‘Ricardo Orea takes the initiative by informing us about new developments without our having to ask him to do so.’

Key clients

AT Engine México
Banco Mercantil del Norte (Institución de Banca Múltiple)
Banco Santander (Spain)
Cadari (Cadari)
Deutsche Investitions- und Entwicklungsgesellschaft (DEG)
Grupo Industrial Saltillo
Multibank Panama
Savage Enterprises Intermediate / Savage Enterprises (and subsidiaries)
Sistemas Eléctricos Metropolitanos
Atlantica Yield

Work highlights

Represented ATEM in the negotiation, drafting and execution of a VAT credit agreement with a consortium of financial institutions.
Assisted Banorte with obtaining a MXN$1bn facility agreement.
Advised Banco Santander on the restructuring of a loan originally granted to Trituradora y Procesadora de Materiales Santa Anita (as borrower) and Elementia (as guarantor).