MIAMI – Dec. 5, 2016 – The global law firm Greenberg Traurig, LLP represented Bio Pappel, S.A.B. de C.V. (BP), the leading paper producer in Mexico, as lead counsel in the consummation of a U.S. $409 million-equivalent secured, syndicated dual-currency credit facility.
The proceeds of the facility will be used to repay existing indebtedness and to redeem the outstanding bonds of BP’s subsidiary, Bio Pappel Scribe S.A. de C.V. Credit Suisse acted as Administrative Agent of the facility.
The Greenberg Traurig team was led by Emilio J. Alvarez-Farré, a shareholder in the Latin American and Iberian Practice and the Miami Corporate and Securities Practice. Alvarez-Farré was assisted by Juan Delgado, an associate in the firm’s Latin American and Iberian Practice Group and the Miami Corporate and Securities Practice. Additional team members from the firm’s Corporate and Securities Practice in the Mexico City office included Shareholder Carlos R. Garduño and Associate Luis Cortes.
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 companies in multibillion dollar transactions throughout Latin America.
About Greenberg Traurig — Miami
The Greenberg Traurig Miami office was founded in 1967 by attorneys with a business-focused approach and a tradition of community service. Since that time, the Miami office has actively supported and helped drive South Florida’s growth as an international financial and cultural center, serving as a gateway between the United States, Latin America, Europe, Asia, and the Middle East. In the community, the office is well-known for its “Miami Roots, Global Reach.” The attorneys advise local, national, and international companies in numerous industries and sectors, including aviation, entertainment, financial institutions, health care, international trade and customs, labor and employment, manufacturing, real estate, retail, and technology. In Florida, Greenberg Traurig serves clients from across seven offices in Boca Raton, Fort Lauderdale, Miami, Orlando, Tallahassee, Tampa, and West Palm Beach.
About Greenberg Traurig, LLP
Greenberg Traurig, LLP (GTLaw) has more than 2,000 attorneys in 38 offices in the United States, Latin America, Europe, Asia and the Middle East and is celebrating its 50th anniversary. One firm worldwide, GTLaw has been recognized for its philanthropic giving, was named the largest firm in the U.S. by Law360 in 2017, and among the Top 20 on the 2016 Am Law Global 100. Web: www.gtlaw.com Twitter: @GT_Law.