Cuatrecasas advises H.I.G Capital on €87-million crossborder debt issuance

Cuatrecasas advised H.I.G. Capital on the placement and issuance of senior bonds for €87 million (or its equivalent in US dollars).

With the funds obtained from this debt issuance, French private-equity firm Latour Capital has acquired Solvay’s barium, strontium and sodium percarbonate businesses from its subsidiaries in Germany, Mexico and Spain.

Solvay is an international company that specializes in producing chemicals and plastics. It employs over 23,000 people around the world.

The Cuatrecasas team advising on this transaction was made up by Mexico City office lawyers León López, José Higinio Núñez, Juan Carlos Galicia, Alberto de Villa and Ana Isabel Echeverría.