Jorge Olivares Fuentes

Representative financing transactions include advising:

• TRATON Financial Services Mexico, S.A. de C.V., SOFOM, E.R. (BMV: TFSMX), on its fifth and sixth notes issuances, for a total aggregate amount of MXN 2.5 billion (approximately US$125 million), in the Mexican market.
• Mill Point Capital LLC, a New York City-based private equity firm, on the financing of its acquisition of the commercial refrigeration and foodservice equipment businesses of Fomento Económico Mexicano (NYSE: FMX), AeriTek Global LLC, in a single corporate carve-out transaction.
• A Canadian banking institution, as lender and initial eligible hedging counterparty, in the USD$100 million loan granted to a Peruvian company, as borrower; several financial institutions parties thereto as lenders; and other financial institutions as joint lead arrangers, joint bookrunners and co-sustainability structuring agents.*
• One of the largest banks in Spain, in connection with the financing granted to that certain Ecuadorian special purpose vehicle, as borrower, several financial institutions parties thereto and certain financial institution, as program agent and securities intermediary. The source of payment of the financing derives from the diversified payment rights of the originator, an Ecuadorian commercial bank.*
• One of the largest British-origin banks in the world, in that certain advance facility agreement entered into with that certain leading Brazilian company, as borrower, the banks parties thereto and that certain Dutch-based financial institution and its Brazilian subsidiary, as paying agent, lead arranger, lead bookrunner and administrative agent, respectively.*
• One of the largest investment banks in the world, through its New York branch, acting as administrative agent and arranger in the MXN$2 billion revolving credit facility to a Mexican company through a warehouse financing mechanism involving the assignment and reversion of vehicles through the use of a Mexican Trust. This matter was particularly complex and important given that the assets granted as collateral are non-fungible and there are certain particularities to the transfer of title of vehicles in the Mexican market.*
• One of the largest investment banks in the world, through its New York branch, in the USD$60 million whole loans purchase transaction to the fintech unit of an e-commerce leading company. The complexity of this matter lay on the acquisition special purpose vehicle, which was structured in the form of a Mexican trust by means of which the receivables derived from the underlying loan agreements will be contributed through factoring agreements; in addition to the distribution of the collection flows associated with originator’s electronic payment fund mechanism to the trust accounts.*
• One of the largest banks in France, through its New York-based branch, in connection with a non-possessory pledge agreement over inventory located and stored in Mexico. The pledge secures both a senior and junior uncommitted revolving credit facilities up to USD$292 million to a certain Delaware limited partnership. Collateral is subject to IMMEX program and other customs regulations.*
• One of the largest investment banks in the world, through its New York branch, as administrative agent and arranger in the warehouse financing of an MXN$5 billion senior secured revolving credit facility to the fintech unit of an e-commerce leading company which provides credit to both its parent company's customers and users of its online payment platform.*
• Certain Mexican fintech company in the review and negotiation of over-the-counter (OTC) derivative master agreements, entered into with different financial institutions, along with the respective credit support documents.*
• Certain financial companies that are part of a U.S. private equity fund, as lenders, in the MXN$250 million structured financing (warehouse financing) to that certain Mexican commercial entity, as originator, guarantor, and portfolio asset servicer. The collateral consists of credit rights derived from pure lease agreements on transportation (automotive) equipment (including the underlying promissory notes) and secured by a non-possessory pledge agreement.*
• Certain financial companies that are part of a U.S. private equity fund, as lenders, in the MXN$225 million structured financing (warehouse financing) to that certain Mexican financial entity, as originator, guarantor, and portfolio asset servicer.
• The collateral consists of credit rights derived from group, payroll, and directed (domiciled) loan agreements (including the underlying promissory notes) granted by the borrower to pensioners and retirees.*

*Matters worked prior to joining White & Case.