Bio Pappel issues 10-year US$70 million Series A Guaranteed Senior Secured Notes

Client(s) Bio Pappel Scribe S.A. de C.V.

Jones Day advised U.S. subsidiaries of Bio Pappel, one of Mexico's largest paper and cardboard products producer, as issuer, of US$70 million 5.75% Series A Guaranteed Senior Secured Notes due June 10, 2034 purchased by a global insurer and its global affiliates. The Notes were secured by real estate of the issuer, located in Texas and California, as well as by the issuer's Mexican and U.S. affiliates and parent company.