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International Automotive Components Group completes refinancing of Senior Secured Notes

April 2018

Jones Day advised International Automotive Components Group, S.A., a leading global supplier of automotive components and systems, in connection with the issuance of $215 million of Senior Secured Notes due 2023 to Gamut Capital Management, L.P. in a private placement. The proceeds from the transaction, together with cash on hand, were used to redeem IAC’s outstanding $300 million 9.125% Senior Secured Notes due 2018. With this transaction, Gamut also acquired a minority equity interest in IAC.

For additional information about this matter, please contact: Randi L. Strudler, John K. Kane, Rory T. Hood

Client(s): International Automotive Components Group, LLC