06/ 24 / 26
SMPS Legal Advised Pesorama on Its C$21 Million Cross-Border Refinancing Transaction
MEXICO CITY, MEXICO, June 23rd, 2026 – SMPS Legal advised Pesorama, Inc., a Canadian company operating discount retail stores in Mexico under the JOi Dollar Plus brand, in connection with the legal due diligence of its Mexican subsidiaries as part of a C$21 million cross-border refinancing transaction.
The refinancing was undertaken to strengthen the group’s capital structure and facilitate the repayment of existing senior indebtedness through the issuance of senior unsecured convertible debentures.
SMPS Legal conducted a comprehensive legal due diligence review of Pesorama’s Mexican operations, including its subsidiaries CANMEX Dollar Stores, S.A. de C.V., Joi Canadian Stores, S.A. de C.V., and Pesorama Consulting Services, S.A. de C.V. The review covered corporate governance, regulatory compliance, labor and employment matters, real estate arrangements, commercial contracts, intellectual property assets, intercompany agreements, and ongoing disputes.