Metalsa Successfuly Completes Consent Solicitation for Amendments to Senior Notes

July 19, 2019

New York, NY – Paul Hastings LLP, a leading global law firm, represented Metalsa, S.A. de C.V., one of the world’s largest manufacturers of structural components for the automotive industry, in connection with a consent solicitation to make certain proposed amendments to the indenture governing its 4.90% Senior Notes due 2023.  Metalsa successfully received the requisite consents for the proposed amendments, which were intended to offer Metalsa greater flexibility in exploring strategic options with regard to its body and chassis division and in managing its overall product portfolio. The solicitation agent involved in the transaction was BofA Securities, Inc.

Latin America practice partners Mike Fitzgerald and Joy Gallup led the Paul Hastings team, which also included of counsel Pedro Reyes, law clerk Anna Barbosa and foreign associate Lucia Guardone.

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