Grupo Aeroméxico’s Syndicated $200 Million Revolving Loan Agreement

Cleary Gottlieb represented BBVA México, as lead arranger and initial lender, and ING Bank, Bladex, Banamex, JPMorgan Chase Bank, and Morgan Stanley, as initial lenders, in a $200 million senior secured revolving credit facility granted to Grupo Aeroméxico.

Grupo Aeroméxico intends to use the proceeds from the loans for general corporate purposes. The facility became effective on August 26, 2024.

Grupo Aeroméxico is Mexico’s flagship airline and a leader in Latin American aviation. Grupo Aeroméxico is a founding member of the SkyTeam Alliance along with Delta Air Lines, Air France, and Korean Air, and the only Mexican airline with a global alliance.