SVP – Marelli

WA-70045

Strategic Value Partners, L.P. (**SVP**) is a global investment firm focused on credit and private equity opportunities, with offices in the USA, UK and Japan. Investment funds managed directly or indirectly by SVP are proposing to acquire a majority of the equity and voting rights in Marelli Corporation, together with its subsidiaries (**Marelli**) (**the Acquisition**). The remainder of the equity in Marelli will be acquired by other members of an ad hoc group of lenders. Specifically, the Acquisition will be accomplished via the acquisition of the equity of Marelli by a newly formed holding company (**TopCo**) through a debt-for-equity exchange in the context of Marelli’s Chapter 11 bankruptcy case in the United States of America. Through TopCo, SVP will acquire shares representing a majority of the total equity in Marelli. Marelli is a supplier of components and systems for the automotive sector, including exhaust systems, aftermarket parts and services and motorsport products. Its product categories include lighting, suspension systems and shock absorbers, interiors, electronics, thermal, exhaust, and propulsion. Marelli makes sales to original equipment manufacturers and on the independent aftermarket. Marelli does not make direct sales to retail customers. In Australia, Marelli’s activities include the sale of a limited number of products to a small group of customers, via two of its overseas subsidiaries. One of SVP’s portfolio companies, Wheel Pros, designs, assembles, markets, distributes, and sells high-end aftermarket custom wheels, performance tyres, powersports products, suspension systems, lighting systems, aesthetic enhancements, automotive performance improvements, and other automotive accessories. In Australia, Wheel Pros supplies car parts to retail customers, via independent dealers.