IFLR1000

Nemak $500 million 4.75% notes issue

12/1/2018
High-yield bond/note issue
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$ 500 million

Completed

12/1/2018

Overview:

  • Nemak, a Mexican automotive company, has issued $500 million 4.75% notes due 2025 in the international capital markets. 
  • BNP Paribas, JP Morgan and Morgan Stanley acted as initial purchasers. 
  • Nemak went public in 2015.

Rani Mehta - Journalist

Jurisdiction:

Mexico

Deal type:

High-yield bond/note issue

Practice area:

Capital markets : Debt

Industry sector:

Automotive

Firms:
Cleary Gottlieb Steen & Hamilton

Party: BNP Paribas (Initial purchaser)

Party: JP Morgan (Initial purchaser)

Party: Morgan Stanley (Initial purchaser)

Paul Hastings

Party: Nemak (Issuer)

Lawyers: Arturo Carrillo, Michael Fitzgerald

Ritch Mueller y Nicolau

Party: BNP Paribas (Initial purchaser)

Party: JP Morgan (Initial purchaser)

Party: Morgan Stanley (Initial purchaser)

Lawyer: Luis Nicolau Gutierrez

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