Becker Glynn Represents IDB Invest in a MXN250 Million Partial Credit Guarantee to Vinte, a Mexican Home Builder

Patrick O’Brien and Andres Sardi Garcia represented Inter-American Investment Corporation (IDB Invest) in connection with a partial credit guarantee for up to MXN250 million to Vinte Viviendas Intregrales S.A.B. of C.V. (Vinte) for a corporate bond issuance. The transaction provides continued support for the promotion, construction and commercialization of low-and mid-income housing in several states across Mexico. This corporate bond issuance was the first placement of a sustainable bond made by a housing developer in Latin America. The closing of the transaction occurred in the summer of 2018.