McDermott Represents Grupo Kou in $300 Million Revolving Credit Facility

Overview


International law firm McDermott Will & Emery represented Grupo Kuo, S.A.B. de C.V. (Grupo Kuo), a Mexico-based industrial and commercial global holding company, and its affiliates, in obtaining a $300 million revolving credit facility from a club of leading international commercial banks. Grupo Kuo and its subsidiaries are a leading manufacturer and seller of consumer business products, chemicals and auto parts in North America, Europe, Asia and other international markets.

  • The transaction was closed and announced on April 5, 2022.
  • Bank of America, HSBC Bank, BBVA, JPMorgan and Rabobank are lead arrangers for the financing.
  • This credit facility provides Grupo Kuo with a committed revolving credit line until 2027, providing flexibility and liquidity to Grupo Kou as well as reaffirming the partnerships it enjoys with its relationship banks.
  • Read Grupo Kuo’s press release here.

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