Kuri Breña Sánchez Ugarte y Aznar has helped Mexican financial company Crédito Real, a minority shareholder of Grupo Crédito Maestro (GCM), extend the terms of its investment in GCM until 2026.
Mexican firm González Calvillo, SC advised GCM in the renegotiation. The deal closed on 28 March.
The process included a renegotiation of the existing shareholders’ agreement, non-compete provisions and company funding operations. It also had a put and call option, giving Crédito Real the right to buy and sell stock. Crédito Real in turn granted GCM seven years’ worth of financing, which will be used to grant and securitise payroll loans.
Counsel to Crédito Real
In-house counsel - Luis Calixto López Lozano and Luis Enrique Arroyo
Kuri Breña Sánchez Ugarte y Aznar
Partner Daniel Kuri Breña Romero de Terreros and Álvaro Sarmiento Lapiedra, and associate Álvaro Alan Pérez Caballero
Counsel to Grupo Crédito Maestro
Partner José Ignacio Rivero Andere, and associates Jacinto Avalos Capin and Andrea Cordero Olmos