We represented Altos Hornos de México (AMHSA) in connection with an Advance Payment Facility Agreement for USD$475 million entered into by AHMSA and certain entities, as borrowers, and Cargill Financial Services International, as lender, which purpose was to pay the "Convenio General de Pago" under the "Suspensión de Pagos" procedure of AHMSA. We also assisted AHMSA with the drafting and negotiation of (i) the collateral package (including a Source of Payment Trust Agreement, a Guarantee Trust Agreement, non-possessory pledge agreements, among others), (ii) a share purchase agreements, (iii) certain Master Reporto Agreement in order to obtain additional financing, (iv) subordination agreements.