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Cravath represented Grupo Lala, S.A.B. de C.V. (“Grupo Lala”), a leading producer of milk and dairy products, in connection with a Mexican Peso‑denominated bridge loan facility equivalent to approximately US$1.3 billion provided by JPMorgan Chase Bank, N.A. and a group of lenders, used by Grupo Lala to finance its acquisition of Vigor Alimentos S.A., a Brazilian dairy company. The acquisition closed on October 26, 2017.
The Cravath team included partners Michael S. Goldman and David Mercado and associates Jared B. Taylor and Adam M. Sanchez on banking matters; associates Richard Bohm and Peter W. Rogers on tax matters; and associate Peretz Riesenberg on executive compensation and benefits matters.
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