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Exide Technologies completes $1.1 billion comprehensive new financing and recapitalization

June 2019

Client(s) Exide Technologies

Jones Day represented Exide Technologies, a global leader in stored energy solutions for the automotive and industrial markets, in connection with a comprehensive new financing and recapitalization transaction. The transaction included an offering of $150 million aggregate principal amount of new notes issued by a wholly-owned subsidiary of the Company and concurrent exchange offers whereby the Company exchanged $994 million aggregate principal amount of its outstanding notes for a combination of newly issued notes with extended maturities and shares of its Common Stock.

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