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RHJ International completes Honsel financial restructuring

July 2009

Client(s) RHJ International SA

Jones Day advised Honsel International Technologies SA, a subsidiary of RHJ International SA, in connection with the restructuring of the Honsel group, including a €50 million (US$63.6 million) investment by RHJ International in exchange for a controlling 51% stake. The restructuring resulted in Honsel's total outstanding secured term debt of approximately €510 million being reduced to €140 million.

Honsel is a leading producer of light-metal components and has become a development partner and systems supplier for the worldwide automotive industry with facilities in Germany, France, Spain, Brazil, and Mexico.

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