GC advises Balandra Capital Operadora in the structuring of Loreto Funding

We represented Balandra Capital Operadora, S.A. de C.V. in the structuring of Loreto Funding, S.A.P.I. de C.V., as investment vehicle, and in the negotiation of the documents necessary to perform the investment of Loreto Funding, S.A.P.I. de C.V. in Exalta Hero, S.A.P.I. de C.V. (licensee of Lululemon Athletica Canada Inc. in Mexico) for a 20% participation in its corporate capital.

Client or Matter Name

Balandra Capital Operadora, S.A.P.I. de C.V.

Deal Description

We represented Balandra Capital Operadora, S.A. de C.V. in the structuring of Loreto Funding, S.A.P.I. de C.V., as investment vehicle, and in the negotiation of the documents necessary to perform the investment of Loreto Funding, S.A.P.I. de C.V. in Exalta Hero, S.A.P.I. de C.V. (licensee of Lululemon Athletica Canada Inc. in Mexico) for a 20% participation in its corporate capital.

The foregoing implied advising the client in the corporate and contractual aspects, as well as the negotiation of the necessary documents to carry out said acts.

Innovation & Additional Comments

The matter became particularly relevant since additionally to the negotiation of the investment documents the transaction involved the coordination of a multidisciplinary due diligence team and the structuring of the investment vehicle through which the investment in Exalta Hero, S.A.P.I. de C.V. was made.

Jurisdiction

Mexico

Governing Law

Mexico

Deal Duration, Date of Closing / Signing