Vitro in $163 Million Receivables Facility

Cleary Gottlieb represented Vitro S.A.B. de C.V. (Vitro) and its affiliates in a $163 million receivables facility with Banco Santander S.A.

The transaction closed on December 23, 2019.

The principal business activity of Vitro and its affiliates is the manufacture and sale of glass products, chemical products, machinery, and molds for the construction and automotive industries.