LONDON, October 8, 2025 – Proskauer advised the initial purchasers on the offering of €500 million of 4.375% senior secured notes due 2030 by Gestamp Automocion, SA, a leading global automotive supplier. The proceeds from the notes issuance were used to redeem Gestamp’s €400 million of senior secured notes due 2026, as well as to redeem other indebtedness, fund cash to balance sheet and pay costs and expenses.
The Spanish headquartered company, which designs, develops, manufactures and sells engineered components and mechanisms on a global scale for use in the production of light vehicles, is publicly listed on the Madrid Stock Exchange.
The Proskauer team was led by capital markets partners Jake Keaveny and included special counsel Morgan Hill and associates Pierfrancesco Bencivenga, Michael Malvenda and Rana Ali Yar Khan (Capital Markets). The team also included partner Daniella Abel and associate Charlotte Ahamed (UK Tax); partner Adam Scoll (ERISA) and partner Martin Hamilton and associates Mary McNicholas and Rosa Kim (US Tax).
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