Fitch rates Metalsa notes BBB-

Fitch Ratings said it gave a BBB- rating to Metalsa, SA de CV's senior unsecured proposed notes issuance due 2031.

The notes will be guaranteed by Metalsa Roanoke, Inc. and Metalsa Structural Products, Inc., the same guarantors as the 2023 notes and rank equally with Metalsa's unsecured debt. Fitch affirmed the BBB- ratings Metalsa and its senior unsecured notes due 2023 on April 2.

Proceeds will be used mainly to fund the tender of Metalsa's 2023 notes as well as for general corporate purposes.

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