Davis Polk advised Mexichem, S.A.B. de C.V. in connection with its offering of 260,000,000 single series class II common shares in the amount of $1.25 billion. The shares were sold in an offering exempt from registration pursuant to Rule 144A and Regulation S.
Headquartered in Mexico City, Mexichem is one of the largest chemical companies in Latin America and a leader in plastic pipes and solutions in Europe. It produces a diverse portfolio of chemical products in 98 plants located throughout Latin America, the United States, Canada, Japan, Taiwan, China and Europe, and has clients in approximately 50 countries.
The Davis Polk corporate team included Manuel Garciadiaz, Drew Glover and Debora A. Ayoub. The tax team included Michael Farber and Yuliya Epifantseva. Catherine L. Martin provided 1940 Act advice. Inés Velasco was the legal assistant on the transaction. Members of the Davis Polk team are based in the São Paulo and New York offices.
