MIAMI – May 29, 2015 – The international law firm Greenberg Traurig, LLP represented Bio Pappel, S.A.B. de C.V. (BP) as lead counsel in the closing of a U.S. $255 million syndicated secured credit facility.
BP will use the proceeds of the initial disbursement under the facility to refinance its existing debt. Credit Suisse AG, Cayman Islands Branch acted as Administrative Agent of the facility.
BP is the leading paper producer in Mexico and Latin America and is committed to sustainability and the environment. BP products include bond paper, newsprint, brown paper, corrugated cardboard packaging, paper sacks, and cut paper for copies, printing, notebooks, books, and forms.
Mr. Alvarez-Farré was assisted by Juan Delgado, an associate in the firm’s Latin American and Iberian Practice Group and Miami Corporate and Securities Practice. Additional team members from the firm’s Corporate and Securities Practice in the Mexico City office included Shareholder Juan Manuel González Bernal, Associate Carlos Garduño, and Associate Luis Cortés.
Mr. Alvarez-Farré concentrates his practice on cross-border mergers and acquisitions and financing transactions. Over the course of more than two decades, he has represented top companies and global brands in multibillion dollar landmark transactions throughout Latin America.