Chadbourne & Parke in reopening of Mexican car loan provider note issuance

Chadbourne & Parke SC has acted as deal counsel in Sistema de Crédito Automotriz’s 300 million pesos (US$23 million) reopening of its 1 billion pesos revolving issuance of certificados bursátiles – the first reopening of an issuance with car loans as its underlying asset in Mexico.

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