Cases & Deals

Haitong Bank amends and restates Arendal's secured term loan facility

Client(s) Haitong Bank S.A.

Jones Day advised Haitong Bank S.A. in connection with the amendment and restatement of an approximately $60 million secured term loan facility provided to Mexican engineering, procurement and construction company Arendal, S. de R.L. de C.V., as well as intercreditor and collateral security arrangements with the company's various other secured creditors, in connection with the out-of-court restructuring of approximately $175 million of the company's outstanding U.S. dollar denominated debt.