National Bank of Public Works and Services participates in the implementation of a financial mechanism for Airports and Auxiliary Services

Santamarina y Steta, SC, led by partner Sergio Chagoya and counsel Margarita Casarín, with the support of associates Rebeca Chaidez and Ulises Barrientos, acted as external legal advisor to the National Bank of Public Works and Services, SNC, Development Banking Institution (“Banobras”), in the structuring and implementation of a financial mechanism for the amount of 5 billion Pesos destined for the development of strategic investment projects by the decentralized agency of the Federal Government, Airports and Auxiliary Services (“ASA”).

Banobras is the leading development banking institution in Mexico, dedicated to financing public and private entities with the aim of promoting the development of infrastructure at a national level, such as the construction, administration and operation of airports provided by ASA in more than 18 airports throughout the national territory.