Cuatrecasas has advised CaixaBank, S.A. (United Kingdom Branch) on a long-term financing transaction amounting to USD 100,000,000 in favor of the U.S. company Eden Roc LLLP, owner of the Nobu Hotel Miami Beach. The financing will be used to refinance existing debt of the borrower and is secured, among other guarantees, by a real estate mortgage over the hotel and pledges governed by New York and English law.
This is an international transaction led by the Firm’s teams in Spain and Mexico, with the interdisciplinary collaboration of other English and U.S. law firms that advised on the English law and the laws of the States of New York and Florida aspects of the deal.
The Cuatrecasas team responsible for the advisory work was composed of León López, Pol Solsona, and María Lérida from the Finance practice, with the collaboration of Adriana Serra, Javier Vivas, and Ricardo Isaac Medina, also from the same group.
León López highlighted: “This transaction demonstrates our ability to lead complex cross-border financing deals within very tight deadlines. We are very grateful to CaixaBank for their trust.”
For her part, María Lérida stated: “This is yet another example of the strength and reach of our teams in the international legal arena, and of the importance of global collaboration and adaptability in delivering a comprehensive legal product tailored to our clients’ needs.”
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