Davis Polk advised Magnesita Refractories Company in connection with a $75 million guaranteed term loan facility. Banco Bradesco S.A. acted as the sole lender for the facility.   

Magnesita is a Brazilian company, listed in the Brazilian Stock Exchange, devoted to mining, production and marketing of a broad range of refractory materials. The company produces more than 13 thousand different products, from monolithic materials and conventional bricks to high-technology ceramics for lining equipments that operate at high temperatures. The products are mainly used by steel, cement and glass manufacturers. 

The Davis Polk credit team included Joseph A. Hall, Meyer C. Dworkin, James Vickers, Rebecca L. Roman and Lourenco Lopes-Sabino. Kathleen L. Ferrell and Vinay Prabhakar provided tax advice. Jeanine P. McGuinness and Britt Mosman provided regulatory advice. Gregory S. Rowland and Colleen Blanco provided investment management advice. Members of the Davis Polk team are based in the São Paulo, New York and Washington DC offices.

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