Santamarina y Steta advises Corporación Geo on stock market issue

Corporación Geo SA de CV, the leading housing developer in Mexico and Latin America in terms of numbers of buildings sold, has placed its third stock market issuance of accounts receivable in an amount of $100 million pesos (approx US$10.88 million), for a 3.5-year term and a +2.75 CETES rate. The transaction, on which Santamarina y Steta advised, closed on December 20.