Cases: Project and Export Finance

Representation of HSBC Mexico in connection with financings granted to Financiera Independencia, a Mexican multiple purpose financial corporation listed in the Mexican Stock Exchange, through a combination of a revolving credit and an installment credit, for a total amount of US$220 million, to fund loans to Mexican corporations.

Representation in connection with financing granted to Electricidad Sol de Tuxpan in the amount of US$20 million, under a co-financing scheme totalling US$210 million, to finance the construction of a natural gas combined cycle power facility in Tuxpan, State of Veracruz, Mexico.

Advice to BE Aerospace in connection with establishment of manufacturing facility for airplane parts to supply leading airplane manufacturers worldwide in Nogales, Sonora, with an estimated initial investment of US$50 million.

Representation of International Finance Corporation in an equity investment in up to 10% of the capital stock of Banco del Bajio, which will expand the capacity of Banco del Bajio to grant financings to medium size industries in Mexico.

Representation of International Finance Corporation in connection with financing to DTM guaranteed by six major transportation companies in Mexico, to renew its public transportation bus fleet, including a parallel securitization of accounts receivable, in the amount of US$369 million.

Representation of International Finance Corporation in connection with a US$50 million credit line facility granted to Banorte, to fund loans to Mexican corporations.

Representation of International Finance Corporation in connection with the financing of a petrochemical project in Guatemala to be built by a Mexican construction company.

Representation of International Finance Corporation in connection with the arrangement of a financing for the Mexican bread company Grupo Industrial Bimbo, S.A. de C.V. from IFC and twelve major U.S. insurers.

Representation of International Finance Corporation in connection with the arrangement of an investment for the Mexican cement company Apasco, S.A. from IFC and four major U.S. insurers.

Representation of Grupo Financiero HSBC in respect to purchase and construction contracts to build a new office building in the heart of Mexico City which will allocate its headquarters, in the amount of US$137 million, the largest and most state-of-the-art office building in Mexico City today.

Representation of Fuji Photo Film, USA in connection with post-export finance programs structured for customers of the company in Mexico.

Representation of HSBC Bank in connection with several post-export finance and receivables programs structured for customers of the Bank in Mexico.

Representation of Phelps Dodge as sponsor of a project to produce optic fiber in Mexico to be financed on a project-finance basis using income from long term sales contracts and credits provided by a consortium of import credit and trade finance agencies and other commercial banks.

Representation of a major Japanese trading company in connection with the financing of a proposed benzene, orthoxylene and paraxylene facility.

Representation of a consortium of a major Japanese trading company and five international manufacturers of equipment for steel plants in the expansion and modernization of plants of AHMSA in Monclova, Coahuila.