BBVA México leads a USD350 million syndicated loan for FINSA

BBVA México led a USD350 million syndicated loan for FINSA, which will be used to roll over debt for a portfolio of the company’s industrial bays located in Nuevo Laredo, Monterrey, Escobedo, Puebla, Guadalajara, Tijuana, Coahuila and Matamoros.

Since its founding in 1977 FINSA, a Mexican corporation, has been a strong leader in the development of industrial real-estate assets. FINSA administers one of Mexico’s largest portfolios of industrial bays, and its experience and approach to innovation has made it one of the country’s preeminent developers and operators.

BBVA México, the largest real-estate bank in the country, has an assigned portfolio of more than MXN166 billion in this industry, and it recent years it has proven its resilience, which is today key for taking advantage of the nearshoring phenomenon in Mexico. Furthermore, the institution has a team of professionals specializing in this industry that can design and execute various financing and capital solutions.

We are grateful to FINSA for entrusting us the role of Sole Lead Arranger and Sole Bookrunner in this important deal. With this transaction, we reiterate our commitment to the development and growth of the real-estate industry in Mexico.