Closed on August 6, 2024
Villanueva Ortiz Abogados advises Cabo Villas Group on a $85,000,000.00 USD secured credit from BBVA México, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA México.
Villanueva Ortiz Abogados, S.C., advised and represented Canamex International, S. de R.L. de C.V. and its affiliates (Cabo Villas Group), as borrowers and owners of the Hotel Corazón Cabo Resort & Spa, in Los Cabos, Baja California Sur, in connection with a $85,000,000.00 USD secured credit facility granted by BBVA México, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA México (“BBVA”). The proceeds of the credit facility were used for corporate matters and for the liquidation of an existing debt.
At the heart of Cabo San Lucas, lies Corazón Cabo Resort & Spa, situated on the shores of the city’s renowned Medano Beach. Private yacht charters, spectacular golf courses, world-class sport fishing, exciting nightlife, and luxury shopping outposts are merely a sampling of the attractions you’ll find just steps from Corazón Cabo Resort & Spa.