Davis Polk advised Mexichem, S.A.B. de C.V. in connection with a $1 billion three-year revolving credit facility agented by JPMorgan Chase Bank, N.A. The facility will be used for general corporate purposes.

Based in Mexico, Mexichem is a leader in the chemical and petrochemical industry in Latin America, with more than 50 years of experience. Mexichem’s products are marketed worldwide and generate sales of more than US$3 billion annually. Mexichem has more than 10,000 employees. 

The Davis Polk corporate team included partners Manuel Garciadiaz and Waide Warner, Jr. and associates Louise C. Bennetts, Gina Y. Pak and Cristina del Rivero (not yet admitted). Partner Po Sit and associate Yuliya Epifantseva provided tax advice. Megan M. Teixeira and Joshua D. Hendricks were the legal assistants on the transaction. Members of the Davis Polk team are based in the São Paulo and New York offices.