BBVA Mexico acts as Sole Bookrunner in the refinancing of Punto Valle Shopping Center
Visa Desarrollos, headquartered in San Pedro Garza García, Nuevo León, completed the refinancing of its flagship project, Punto Valle. The transaction was structured for a total amount of MXN 2.2 billion with a five-year tenor. This mixed-use development is considered the largest and most prominent “Town Center” in northern Mexico.
The financial transaction, structured jointly with BBVA Mexico’s Business & Institutions Banking and Corporate & Investment Banking divisions, included the bank acting as Sole Bookrunner in the syndicated loan, with a 50% participation in the total financing (MXN 1.1 billion), thereby providing key support to the developer. In the market, Visa Desarrollos specializes in the development of vertical real estate and mixed-use projects.
"These transactions foster social and economic vitality and strengthen confidence in the real estate sector"
“BBVA Mexico’s commitment to the development of high-impact real estate projects in the country is reaffirmed through our participation in this refinancing. These transactions foster social and economic vitality and strengthen confidence in the real estate sector,” said Álvaro Vaqueiro Ussel, Head of Corporate & Investment Banking at BBVA Mexico.
This transaction is aligned with the bank’s performance in the corporate segment, where, as of year-end 2025, the loan portfolio balance reached MXN 771 billion, including enterprises, corporates, developers and financial institutions, representing a 7.0% increase compared with the same period in 2024.