Cases & Deals

BBVA finances luxury resort project in Mexico

Clients Banco Bilbao Vizcaya Argentaria, S.A.

Jones Day advised Banco Bilbao Vizcaya Argentaria, S.A., as lender, in the financing of the construction, furnishing, and start-up of an ultra-luxury resort in Mexico to be constructed by Obrascón Huarte Laín, a major Spanish construction company, and operated by Rosewood Hotels and Resorts. Long-term financing was provided in the amount of $51 million, and total project costs amounted to $69 million.

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