August 8, 2022

Milbank Advises Joint Lead Arrangers and Bookrunners in Syndicated Financing for Grupo Lamosa

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Milbank LLP advised the Joint Lead Arrangers and Bookrunners in connection with the US$115 million syndicated financing for Grupo Lamosa, Mexico’s largest ceramics tile and stoneware manufacturer, to partially refinance Grupo Lamosa’s US$200 million financing used to acquire the flat ceramic division of Grupo Roca, a leading Spanish ceramics tile manufacturer, which expanded Grupo Lamosa’s presence in the United States and Brazil and gained entry to the Spanish market, its first in Europe. The refinancing closed on June 29, 2022.

The Milbank deal team was led by Global Capital Markets partner Carlos Albarracín along with associate Andres Osornio and international attorney Santiago Freyre.

Mr. Albarracín said: “We are very pleased to once again assist the banks on another financing for Grupo Lamosa.”