White & Case advises Orbia on US$1.4 billion restructuring

Press Release
1 min read

Global law firm White & Case LLP has advised Orbia Advance Corporation and several of its subsidiaries on a US$1.4 billion financial restructuring transaction.

Proceeds of the financing, which comprised a US$1.4 billion revolving credit facility with a five-year maturity, will be used to refinance and replace Orbia's existing credit facility signed in 2019. The new facility also includes several key features that provide Orbia with more flexibility, including dual-currency tranches and the possibility for additional borrowers to participate in the structure.

Orbia is a Mexico City–based company providing specialty products in the polymer solutions, building and infrastructure, precision agriculture, connectivity solutions and fluorinated solutions sectors globally.

The White & Case team was led by Capital Markets partner Narciso Campos Cuevas, and included associates Santiago Puente and Claudio Díaz Maciel (all in Mexico City).

The Orbia legal team was led by in-house counsel Valeria Chapa (Vice President & General Counsel) and Andrés Angulo (Assistant General Counsel).

Press contact
For more information please speak to your local media contact.