Monterrey, N.L., Mexico – July 31, 2026. Nemak, S.A.B. de C.V. (BMV: NEMAK) ("Nemak", or the "Company") announces the successful placement of Mexican local notes (certificados bursátiles) for a total amount of Ps. $7,400 million in the Mexican market.
The transaction was conducted under a dual-tranche structure comprising the following issuances:
- “NEMAK 26,” a fixed-rate issuance in the amount of Ps. $3,050 million, with a 7-year maturity and a fixed annual interest rate of 10.94%, equivalent to M Bono 33 + 2.00%
- “NEMAK 26-2,” a floating-rate issuance in the amount of Ps. $4,350 million, with a 4-year maturity and an interest rate equivalent to the TIIE Funding Rate + 1.60%.
The net proceeds from the placement will be used to refinance existing liabilities. In line with its financial strategy, Nemak expects to align the currency exposure of the proceeds with the geographic distribution of its operating cash flows through foreign exchange hedging transactions.
The transaction attracted broad investor participation and generated demand equivalent to approximately 2.83 times the initial target amount, reflecting the market’s confidence in Nemak’s solid financial position, long-term strategy, and credit profile.
The issuances received the following national-scale credit ratings: AA(mex) from Fitch Ratings and HR AA+ from HR Ratings.
“We are very pleased with the response from the investment community. This transaction strengthens our financial flexibility, optimizes our maturity profile, and reaffirms Nemak’s access to diverse funding sources under competitive conditions. We appreciate the confidence and support of the investors who participated in this issuance,” commented Alberto Sada Medina, Chief Financial Officer of Nemak.
Settlement of the issuances is expected on August 4, 2026, subject to customary closing conditions.
The participating underwriters were BBVA, Santander, and Scotiabank.
About Nemak
Nemak is a leading provider of innovative lightweighting solutions for the global automotive industry, specializing in the development and manufacturing of multi-material components for e-mobility, structure & chassis, and ICE powertrain applications. In 2025, it generated revenue of US$4.9 billion. For more information about Nemak, please visit nemak.com/