Counsel to Metalsa, S.A. de C.V. (“Metalsa”) – a leader in the market of structural components for the light and commercial vehicles industry in North and South America, with presence in India, Japan and Thailand – in the international offering of senior notes due 2031 for an amount of US$300,000,000.00 (Three hundred million dollars), pursuant to Rule 144A and Regulation S of the U.S. Securities Act (the “Issuance”).
Additionally, and simultaneously with the Issuance, Metalsa carried out a cash tender offer for the early acquisition of any and all of the outstanding US$300,000,000 (Three hundred million dollars) aggregate principal amount of its senior notes due 2023 (the “Original Notes”), with the resources of the Issuance (the “Tender Offer”).
As part of the Tender Offer, a consent solicitation from the holders of the Original Notes was carried out for the adoption of diverse amendments to the terms of the indenture governing the Original Notes (the “Consent Solicitation”).