CACIB successfully arranges a US$1.25bn Green Term Loan for Ternium México

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)