Nemak S.A.B. de C.V., established in 1999 and headquartered in Monterrey, Mexico, specializes in manufacturing aluminum auto parts. The company serves various sectors within the automotive industry, offering key products such as engine blocks, cylinder heads, and other components that contribute to vehicle lightweighting efforts and improved fuel efficiency.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| TNEMAK 2.25% 2028-07-20 EURNemak S.A.B. de C.V. | Mexico | 2028-07-20 | 2.250 | 4.54 |
| TNEMAK 2.25% 2028-07-20 EURNemak S.A.B. de C.V. | Mexico | 2028-07-20 | 2.250 | 4.54 |
| TNEMAK 3.63% 2031-06-28 USDNemak S.A.B. de C.V. | Mexico | 2031-06-28 | 3.625 | 6.61 |
| TNEMAK 3.63% 2031-06-28 USDNemak S.A.B. de C.V. | Mexico | 2031-06-28 | 3.625 | 6.71 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Nemak has issued several bonds to finance its operations and support growth initiatives. Notably, the company launched its first bond issuance in 2015, which was well-received due to favorable market conditions. More recently, in 2020, Nemak issued a $400 million bond with a maturity of 2025, which offered a competitive yield compared to industry averages. These bonds include features such as callable options, providing flexibility in capital management. The company's commitment to maintaining a solid credit profile has helped preserve investor confidence, even amid market fluctuations.