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Ternium S.A. — Capital/Financing Update 2010
Mar 3, 2010
30864_ffr_2010-03-03_e601de8e-0b04-45c7-88f5-10c4a73ef77f.zip
Capital/Financing Update
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6-K 1 ternium6k.htm TERNIUM S.A. 6-K ternium6k.htm Licensed to: mw@12009 Document Created using EDGARizerAgent 5.1.5.0 Copyright 1995 - 2009 Thomson Reuters. All rights reserved.
FORM 6 - K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a - 16 or 15d - 16 of
the Securities Exchange Act of 1934
As of 3/03/2010
Ternium S.A.
(Translation of Registrant's name into English)
Ternium S.A.
46a, Avenue John F. Kennedy – 2nd floor
L-1855 Luxembourg
(352) 4661-11-3815
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or 40-F.
Form 20-F ü Form 40-F__
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12G3-2(b) under the Securities Exchange Act of 1934.
Yes No ü
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):
Not applicable
The attached material is being furnished to the Securities and Exchange Commission pursuant to Rule 13a-16 and Form 6-K under the Securities Exchange Act of 1934, as amended.
This report contains Ternium S.A.’s press release informing market on current status of Sidor compensation payments.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
TERNIUM S.A.
| By: /s/ Pablo Brizzio | By: /s/ Daniel Novegil |
|---|---|
| Name: Pablo | |
| Brizzio | Name: Daniel |
| Novegil | |
| Title: Chief | |
| Financial Officer | Title: Chief |
| Executive Officer |
Dated: March 3, 2010
Ternium Informs Market on Current Status of Sidor Compensation Payments
LUXEMBOURG--(Marketwire - March 3, 2010) - Ternium S.A. (NYSE: TX) today announced CVG has paid the Sidor compensation payments due on February 2010. These payments consisted of US$158.2 million due under the first tranche, and US$142.0 million mandatory prepayment due under the second tranche.
Forward-Looking Statements
Some of the statements contained in this press release are "forward-looking statements." Forward-looking statements are based on management's current views and assumptions and involve known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied by those statements. These risks include but are not limited to risks arising from uncertainties as to gross domestic product, related market demand, global production capacity, tariffs, cyclicality in the industries that purchase steel products and other factors beyond Ternium's control.
About Ternium
Ternium is a leading steel company in Latin America, which manufactures and processes a wide range of flat and long steel products for customers active in the construction, home appliances, capital goods, container, food, energy and automotive industries. With its principal operations in Mexico and Argentina, Ternium serves markets in the Americas through an integrated manufacturing system and an extensive distribution network. The Company has an annual production capacity of approximately 9 million tons of finished steel products. More information about Ternium is available at www.ternium.com. [Missing Graphic Reference]
Sebastián Martí
Ternium - Investor Relations
+1 (866) 890 0443
+54 (11) 4018 2389