International Wire Group issues $260 million of Senior Secured Notes in private placement

Client(s) International Wire Group, Inc.

Jones Day represented International Wire Group, Inc., a leading manufacturer and marketer of bare and plated copper wire products, in connection with its issuance of $260 million of 10.750% Senior Secured Notes due 2021 in a Rule 144A and Regulation S offering. The proceeds were used to redeem International Wire Group's outstanding Senior Secured Notes and fund the repurchase of the PIK Notes issued by its parent, International Wire Group Holdings, Inc.

Jones Day also assisted International Wire Group, Inc. with its concurrent amendment and extension of its $125 million senior secured revolving credit facility.