Milbank LLP advised the sole lead arranger in connection with a $215 million syndicated term and revolving credit facility for Grupo Industrial Saltillo, S.A.B. de C.V., a leading Mexican auto-parts manufacturer and construction conglomerate. The financing is guaranteed by certain of Grupo Industrial Saltillo’s principal subsidiaries in Mexico and Spain.
The Milbank deal team was led by Corporate Finance and Securities partner Carlos Albarracin, associate Enrique Lopez Scherer and international attorney Felipe Maia. The team also included Tax partner Andrew Walker and associate Michelle Song.
