Cuatrecasas advises BBVA México on the refinancing process for the Biossmann Group
Cuatrecasas has advised a banking syndicate led by BBVA México, S.A., Institución de Banca Múltiple; Grupo Financiero BBVA México, and made up of Banco Santander
México, S.A., Institución de Banca Múltiple; Grupo Financiero Santander México and BanCoppel, S.A., Institución de Banca Múltiple, on debt refinancing for the Biossmann Group for nearly USD 40 million (MXN 770,400,000).
As a result of this transaction, BBVA México continues to consolidate its leading position in the Mexican financial market as a bank coordinator, structurer and agent; reaffirming the confidence of both local and international companies in the institution.
Biossmann is an ecosystem that integrates technology, innovation, and human talent to achieve optimal efficiency in surgical operations and hospital administration in public and private hospitals throughout Mexico. The company has over 60 years’ experience in the sector, innovating and customizing technology in health services to benefit patients, and hospital staff and centers.