Cleary Gottlieb represented Vitro International Investments SARL and Vitro S.A.B. de C.V. (collectively, Vitro) and certain affiliates in a $100 million term loan with ING Bank N.V., Dublin Branch (ING).
The transaction signed on April 15, 2024, and the loan closed and was fully disbursed on April 17, 2024.
With this transaction, Vitro successfully refinanced a substantial portion of its short-term debt.
With over 100 years of experience in the market, Vitro is one of the world’s leading glass manufacturers, the largest in Mexico, with subsidiaries throughout the Americas, Europe, and Asia.