Iochpe-Maxion Austria’s and Maxion Wheels de México’s $400 Million Sustainability-Linked Notes Offering

Simpson Thacher, Schindler Rechtsanwälte and Barbosa, Müssnich, Aragão represented the initial purchasers in the offering. White & Case LLP advised Iochpe-Maxion Austria GmbH and Maxion Wheels de México, S. de R.L. de C.V., as co-issuers, and Iochpe-Maxion S.A., as guarantor. Simpson Thacher& Bartlett and Pinheiro Guimarães advised the underwriters.

Iochpe-Maxion Austria GmbH and Maxion Wheels de México, S. de R.L. de C.V. executed an inaugural bond offering of US$400 million aggregate principal amount of 5% Sustainability-Linked Notes Units due 2028.

Banco Bradesco BBI S.A., Citigroup Global Markets Inc., Commerz Markets LLC, HSBC Securities (USA) Inc., Itau BBA USA Securities, Inc., Santander Investment Securities Inc. and UBS Securities LLC acted as initial purchasers for the offering.

Iochpe-Maxion Austria GmbH and Maxion Wheels de México, S. de R.L. de C.V. are wholly owned subsidiaries of Iochpe-Maxion S.A., a leading global producer of automotive wheels and structural components.

The Simpson Thacher team for the initial purchasers in the transaction included Grenfel S. Calheiros (Picture), Alejandro de Ramon-Laca and Isabel de Carvalho (Capital Markets); and Andrew B. Purcell and Kris Liu (Tax).

The White & Case Capital Markets team was led by partners John Guzman (São Paulo), Victor Mendoza (Miami), Manuel Groenewold, and Juan Antonio Martín, and included associate Simon Micha Kurc (all in Mexico City).

BMA – Barbosa, Müssnich, Aragão advised Iochpe-Maxion with Conrado Stievani,Alexandre Roscoe Lindenberg, Juliana Azem Turini and Bruna Esch de Andrade Farinha.

Schindler Rechtsanwälte advised Iochpe-Maxion in Austria.

Simpson Thacher& Bartlett advised Bradesco BBI S.A., Citigroup Global Markets Inc., Commerz Markets LLC, HSBC Securities (USA) Inc., Itau BBA USA Securities, Inc., Santander Investment Securities Inc. and UBS Securities LLC in US and Brazil.

Pinheiro Guimarães advised Citigroup Global Markets, Inc. and Itau BBA USA Securities, Inc. with Francisco José Pinheiro Guimarães, Ivie Moura Alves and Luiza Lopes Leite Furtado.

Involved fees earner: Juliana Azem Turini – Barbosa, Müssnich & Aragào; Bruna Esch de Andrade Farinha – Barbosa, Müssnich & Aragào; Alexandre Roscoe Lindenberg – Barbosa, Müssnich & Aragào; Conrado Stievani – Barbosa, Müssnich & Aragào; Isabel de Carvalho e Silva – Cravath Swaine & Moore; Luiza Lopes Leite Furtado – Pinheiro Guimarães; Ivie Moura Alves – Pinheiro Guimarães; Francisco José Pinheiro Guimarães – Pinheiro Guimarães; Grenfel Calheiros – Simpson Thacher & Bartlett; Alejandro de Ramon-Laca – Simpson Thacher & Bartlett; Kris Liu – Simpson Thacher & Bartlett; Andrew Purcell – Simpson Thacher & Bartlett; Manuel Groenewold – White & Case; John Guzman – White & Case; Juan Antonio Martín – White & Case; Victor Mendoza – White & Case; Simon Micha Kurc – White & Case;

Law Firms: Barbosa, Müssnich & Aragào; Cravath Swaine & Moore; Pinheiro Guimarães; Simpson Thacher & Bartlett; White & Case;

Clients: Banco Bradesco BBI S.A.; Citigroup Global Markets Ltd; Commerz Markets LLC; HSBC Securities; Iochpe-Maxion Austria GmbH; Iochpe-Maxion S.A. ; Itaú BBA USA Securities; Maxion Wheels; Santander Investment Securities Inc.; UBS Securities LLC;