CACIB arrange avec succès un Green Term Loan de 1,25 milliard USD pour Ternium México
CACIB a finalisé un Green Term Loan différé de 1,25 milliard USD sur 5 ans pour Ternium México S.A. de C.V. (« Ternium México ») en tant que Joint Bookrunner, Joint Lead Arranger et agent administratif.
This was a landmark transaction to support Ternium’s ambitious capex plan to meet growing demand and accelerate its decarbonization roadmap. The instrumental and visible leading role played by CACIB in this transaction despite a very competitive bidding process demonstrates the strong relationship with Ternium as a Prime Client, in which CACIB has previously acted in lead roles for the Company’s prior facilities, including but not limited to Ternium Mexico’s US$1.0bn Term Loan Facility executed in 2018 and Ternium Brazil US$500mm guaranteed Pre-Export Finance Facility closed in 2019.
Ternium Mexico is a leading flat and long steel manufacturer based in Monterrey, with total annual finished steel production capacity of approximately 11.0 million tons. In addition, Ternium Mexico has iron ore mining / pelletizing operations.
The Financing supports a pivotal expansion at Pesqueria that will strengthen Ternium’s regional supply chain, boost its competitiveness under USMCA, and advance its decarbonization strategy. It is a highly positive step in the Company’s long-term growth.

Sebastian Gurmendi
SCO Argentina and Primary Coverage Officer
Despite an extremely competitive bidding process for the leading arrangement role, CACIB was able to position itself with other top tier international banks in the underwriting, structuring and syndication of this landmark transaction for Ternium Mexico. This Financing was innovative in the steel sector as it incorporated green loan features, supporting the Company’s strong focus on its decarbonization strategy.

Daniela Alvarado
Director, CLF / DAR Latam
Thanks to a great coordination and a full mobilization of all CACIB teams, we managed to once again satisfy this long-lasting client of CACIB. Ternium is a perfect example of the successful implementation of the MNC strategy, supporting client out of home country in multiple jurisdictions with a broad and diverse product offering across business lines. We are confident that Ternium Mexico's Green Term Loan Facility will bring us new opportunities in the following years.

Sebastian Fernandez Vilas
Head of MNC Latam (Ex-Brazil)
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