WestRock’s $187 Million Syndicated Loan


Machado Meyer and Pinheiro Neto advised on the deal

WestRock Brasil operating as a subsidiary of WestRock Company, secured a $187.1 million syndicated loan from Banco J.P. Morgan S.A., Itaú Unibanco S.A., Banco Bradesco S.A. and Banco Rabobank International Brasil S.A.

Proceeds will be used to finance an increasing of production capabilities of the company.

WestRock Company provides corrugated packaging solutions. The Company, led by Steven C Voorhees, Kelly C Janzen et Nina E Butler offers merchandising displays, paperboard, folding cartons, kraft papers, protective packaging, and pulp. In 2018, WestRock recorded $16 billion revenues.

Machado Meyer advised WestRock Brasil with Nei Zelmanovits (Picture), Thales Tormin Saito, Jéssica de Alencar Araripe and Mario Alfredo de Oliveira.

Pinheiro Neto Banco J.P. Morgan S.A., Itaú Unibanco S.A., Banco Bradesco S.A. and Banco Rabobank International Brasil S.A. Leonardo Baptista Rodrigues Cruz and Marcelo Junqueira de Mello.

Involved fees earner: Jéssica de Alencar Araripe – Machado Meyer Advogados; Mario Alfredo De Oliveira – Machado Meyer Advogados; Thales Saito – Machado Meyer Advogados; Nei Schilling Zelmanovits – Machado Meyer Advogados; Marcelo Junqueira de Mello – Pinheiro Neto; Leonardo Baptista Rodrigues Cruz – Pinheiro Neto;

Law Firms: Machado Meyer Advogados; Pinheiro Neto;

Clients: Banco Bradesco BBI S.A.; Itaù Unibanco; JP Morgan; Rabobank; WestRock Brasil;

Author: Ambrogio Visconti.