Kuri Breña, Sánchez Ugarte y Aznar advised Corporación Financiera Atlas

Kuri Breña, Sánchez Ugarte y Aznar advised Corporación Financiera Atlas, S.A. de C.V., SOFOM, E.N.R. in the securitization of accounts receivable deriving from loans, financial lease and leases agreements, under a program established in 2017, for which the firm also acted as legal counsel.

The securitization was carried out through the issuance of trust certificates for an amount of MX$500,000,000.00 with a maturity of 4 years.

The transaction was rated HR AAA (E) by HR Ratings de México and mxAA+ (sf) by Standard & Poor’s.

Actinver Casa de Bolsa acted as structuring agent; Actinver Casa de Bolsa and Casa de Bolsa Banorte as underwriters; Banco Invex as trustee; Banco Monex as common representative, and Tecnología en Cuentas por Cobras as master administrator.

Partner: Daniel Kuri Breña Romero de Terreros .

Associate: Miguel Ángel Vallejo Guerra.