Paul Hastings Represents Nemak, S.A.B. de C.V. in €500 Million Senior Notes Offering
New York – Paul Hastings LLP, a leading global law firm, represented Nemak, S.A.B. de C.V., a leading global supplier of aluminum components to automotive manufacturers, in an international Eurobond offering. The offering involved the issuance of €500 million (US$533 million) of 3.250% Senior Notes due 2024 pursuant to Rule 144A and Regulation S. The offering was the first high-yield debt issuance by a Mexican corporate in 2017 and was the first offering in recent months by a Mexican exporter of automotive parts. The underwriters involved were BNP Paribas, J.P. Morgan, Morgan Stanley and Citigroup.
Paul Hastings attorneys also represented Nemak in its initial public offering in 2015 and its prior bond offerings and have represented Alfa, S.A.B. de C.V., Alpek, S.A.B. de C.V. and Sigma Alimentos, S.A. de C.V., which belong to the same corporate group as Nemak, in numerous capital markets and other transactions. The Latin America practice was also recognized by LatinFinance for
Latin America practice partners
At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.