Jorge, our lead partner of the Banking & Finance practice, has more than 20 years of experience, focused primarily on asset-backed financing, project finance, and other types of structured finance, including public and private securitizations of financial assets and other types of assets, financing with incremental efficiency derived from multi-jurisdictional tax attributes, structured leasing, real estate financing, restructurings, and workouts. He is an expert in M&A, Private Equity, and Real Estate transactions, including the development of partnerships for large-scale residential projects. In addition, he has represented trustees and common representatives of bondholders, as well as derivative and treasury products. Jorge is ranked as one of the best lawyers in banking and financial and capital markets matters in Mexico.
Jorge holds a law degree from the Instituto Tecnológico Autónomo de México.
- Represented Sucro Can Sourcing as borrower in a USD 275 million revolving borrowing base facility from lenders led by Coöperatieve Rabobank, U.A., New York Branch.
- Represented BMO Harris Bank as lender of a USD 20 million credit facility to a U.S. steel manufacturing company with the dual U.S.-Mexican law governed corporate guaranty of its Mexican parent not of payment but of collection and characterized as a joint borrower obligation of such parent for Mexican legal purposes.
- Advised Sumitomo Mitsui Banking Corporation (“SMBC”), a Japanese multinational banking and financial services, with respect to financial regulatory matters and transactions in Mexico, which include, among others, corporate, regulatory and compliance upkeeping of SMBC, S.A.P.I. de C.V., SOFOM, E.N.R., a non-banking lending subsidiary of SMBC.
- Represented SMBC, S.A.P.I. de C.V., SOFOM, E.N.R., a subsidiary of Sumitomo Mitsui Banking Corporation, as lender of an MXN 140 million (approximately USD 70 million) master loan facility to the Mexican leasing subsidiary of a large industrial conglomerate.
- Represented U.S. International Development Finance Corporation (DFC) and Calvert Impact Inc. in the negotiations and structuring of a secured line of credit in favor of Imperative Advisors to finance Echale's construction of 5,000 homes for the benefit of unbanked families in Mexico, many of them led by women. This financing is part of DFC's 2X Women's Initiative, through which the agency sponsors projects that are women-owned, women-led or provide products and services that empower women. Echale is a company focused on social development that offers housing solutions to low-income families and contributes to the integral development of communities.
- Represented U.S. International Development Finance Corporation (DFC) in connection with a $45 million USD credit facility in favor of Mexarrend, S.A.P.I de C.V. (Tangelo), a technology company specializing in alternative financing.
- Advised Sportium in the reorganization of a credit facility with an international bank as part of the negotiations with Northgate Capital for a growth investment.
- Advised SMBC, a wholly owned subsidiary of Sumitomo Mitsui Banking Corporation as Lender in a Credit granted in favor of Toyota Financial Services Mexico.
- Represented BMO Harris Bank, N.A. as Administrative Agent and Lender in a Revolving Loan granted in favor of Virtus.
- Represented BMO Harris Bank with respect to the Mexican components of a partly cross-border secured revolving borrowing base facility to National Kwikmetal Service LLC, National Kwikmetal Service de Mexico, and NKS Properties, LLC as borrowers, and NKS Mexico Holding LLC, as a guarantor. Mexican collateral includes a broad spectrum of present and future personal property of National Kwikmetal Service de Mexico.
- Represented Credit Suisse Mexico, Asset Management Division (“CSAM”), in all related due diligence, waivers, and collateral re-configuration with respect to the combined approximately $1 billion pesos in loans granted by CSAM to Mexarrend and related companies now merged into Mexarrend.
- Represented Afore XXI Banorte, in its acquisition of Afore Bancomer from Banco Bilbao Vizcaya Argentaria (BBVA) for $1.83 billion dollars.
- Represented Afore XXI Banorte in the joint venture with La Caisse de Depot et Placement du Quebec for $2.5 billion dollars including the incorporation of CKD Infraestructura México.
- Represented Sumitomo Mitsui Banking Corporation in a credit facility guaranteed for $7 billion pesos from Banobras.
- Represented Nadbank, NAFIN, Banobras, and Bancomext in a $300 dollar million financing of two solar power generation projects of Zuma Energía with a significant merchant component.
- Represented Fermaca in the $378 million dollar financing from Bank of Tokyo Mitsubishi UFJ, Credit Agricole, ING Capital, Nacional Financiera, Banamex, Banobras and The Bank of Nova Scotia for the construction, operation and maintenance of a 381 kilometer natural gas pipeline in the state of Chihuahua; IDB and a group of commercial banks in the financing of a co-generation plant in Garza García, Nuevo León.
- Represented Electricidad Águila de Altamira, a joint venture of EDF Mitsubishi, in the financing project of the Altamira II electric power generation project.
- Represented ExIm Bank, IBD, and commercial banks in the financing of the Naco Nogales power production station project.
- Represented EximBank, IDB, and commercial banks in the financing of Bajío a power generation plant.
- Represented West LB as arranger and lender in the $210 million dollars true off-balance sheet securitization of CEMEX.
- Represented various originators of mortgage loans in RMB monetization's and warehousing transactions of accounts receivables for a total amount greater than $600 million dollars, including bridge loans financed by financial institutions such as Deutsche Bank, Dresdner, and OPIC.
Law degree, Instituto Tecnológico Autónomo de México, Mexico, 1992