MIAMI – June 21, 2021 – Global law firm Greenberg Traurig, LLP represented Bio Pappel, S.A.B. de C.V. (BMV: PAPPEL), the leading paper producer in Mexico (Company), as borrower, in a $400 million multi-tranche senior secured syndicated term loan facility.
The proceeds of the facility, which was arranged by Credit Suisse, Scotiabank, and BBVA Bancomer, will be used to refinance the Company’s dollar and peso denominated debt for capital expenditures and working capital, and for other general corporate purposes. The transaction closed on June 16.
The Greenberg Traurig Corporate Practice attorney team was led by Emilio J. Alvarez-Farré, a shareholder in the firm’s Miami office, and Rodrigo Orozco Waters, a shareholder in the Mexico City office. Both are members of the firm’s Latin America Practice.
Other Corporate Practice team members included Miami office Associate Thomas R. Martin, Mexico City office Associate Víctor Felipe Callarisa Rivera, and Miami office Foreign Law Clerk Pamela Garcia De Presno Graham.
Alvarez-Farré concentrates his practice on cross-border mergers and acquisitions and financing transactions. Over more than three decades, he has represented top companies and global brands in multibillion-dollar transactions throughout Latin America.
Orozco Waters represents clients in public and private financing projects, as well as foreign investment transactions, in the infrastructure, energy, manufacturing, financial, and commercial sectors in Mexico.
About Greenberg Traurig’s Latin America Practice: Greenberg Traurig’s award-winning Latin America Practice draws on resources from our offices around the world, bringing together a multidisciplinary team of lawyers to help clients identify business opportunities in Latin America. The team, which includes lawyers who have been chief legal officers at major multinational companies, has wide-ranging experience representing U.S. and international clients who do business in Latin America, as well as advising Latin American clients on their business ventures in the United States. The firm’s experience throughout the region enables the team to offer clients local knowledge and resources in the legal aspects of market opportunities, investments, financing, access to capital markets, governmental strategies, or international dispute resolution.
About Greenberg Traurig, LLP: Greenberg Traurig, LLP (GT), has approximately 2200 attorneys in 40 locations in the United States, Latin America, Europe, Asia, and the Middle East. GT has been recognized for its philanthropic giving, diversity, and innovation, and is consistently among the largest firms in the U.S. on the Law360 400 and among the Top 20 on the Am Law Global 100. The firm is net carbon neutral with respect to its office energy usage and Mansfield Rule 3.0 Certified. Web: www.gtlaw.com
The proceeds of the facility, which was arranged by Credit Suisse, Scotiabank, and BBVA Bancomer, will be used to refinance the Company’s dollar and peso denominated debt for capital expenditures and working capital, and for other general corporate purposes. The transaction closed on June 16.
The Greenberg Traurig Corporate Practice attorney team was led by Emilio J. Alvarez-Farré, a shareholder in the firm’s Miami office, and Rodrigo Orozco Waters, a shareholder in the Mexico City office. Both are members of the firm’s Latin America Practice.
Other Corporate Practice team members included Miami office Associate Thomas R. Martin, Mexico City office Associate Víctor Felipe Callarisa Rivera, and Miami office Foreign Law Clerk Pamela Garcia De Presno Graham.
Alvarez-Farré concentrates his practice on cross-border mergers and acquisitions and financing transactions. Over more than three decades, he has represented top companies and global brands in multibillion-dollar transactions throughout Latin America.
Orozco Waters represents clients in public and private financing projects, as well as foreign investment transactions, in the infrastructure, energy, manufacturing, financial, and commercial sectors in Mexico.
About Greenberg Traurig’s Latin America Practice: Greenberg Traurig’s award-winning Latin America Practice draws on resources from our offices around the world, bringing together a multidisciplinary team of lawyers to help clients identify business opportunities in Latin America. The team, which includes lawyers who have been chief legal officers at major multinational companies, has wide-ranging experience representing U.S. and international clients who do business in Latin America, as well as advising Latin American clients on their business ventures in the United States. The firm’s experience throughout the region enables the team to offer clients local knowledge and resources in the legal aspects of market opportunities, investments, financing, access to capital markets, governmental strategies, or international dispute resolution.
About Greenberg Traurig, LLP: Greenberg Traurig, LLP (GT), has approximately 2200 attorneys in 40 locations in the United States, Latin America, Europe, Asia, and the Middle East. GT has been recognized for its philanthropic giving, diversity, and innovation, and is consistently among the largest firms in the U.S. on the Law360 400 and among the Top 20 on the Am Law Global 100. The firm is net carbon neutral with respect to its office energy usage and Mansfield Rule 3.0 Certified. Web: www.gtlaw.com