Cuatrecasas advises H.I.G. Capital on €87m cross-border debt issue

Cuatrecasas has assisted H.I.G. Capital in cross-border debt issue for €87 million

Cuatrecasas, acting through its Mexico City office, has advised H.I.G. Capital on the issue and subscription of senior bonds in the amount of €87 million.

Thanks to the proceeds of this debt issuance, the French private equity firm, Latour Capital, has acquired Solvay’s barium, strontium and sodium percarbonate business, carried out by its subsidiaries in Germany, Spain and Mexico.

Solvay is an international company specialising in the manufacture of chemicals and plastics, with more than 23,000 employees worldwide.

Cuatrecasas’ team was formed by León López Iglesias (pictured right), José Higinio Nuñez Heather (pictured bottom left), Juan Carlos Galicia Orozco (pictured top left), Alberto de Villa Albarrán and Ana Echeverría Ortés.