Form 8-K · Current Report · Filed 2024-06-11
Aptiv PLC Announces Issuance of €750M Senior Notes
On June 4, 2024, Aptiv PLC and Aptiv Global Financing Limited entered into an underwriting agreement with various underwriters for the issuance of €750M aggregate principal amount of 4.250% Senior Notes due 2036.
- Filer
- Aptiv PLC APTV · NYSE
- Filed
- Accession
- 0001193125-24-159239
- CIK
- 0001521332
- Signal
- High impactConsumer Cyclical
- Source
- Official filing on sec.gov ↗
Details
The offering is part of a previously announced debt offering and is governed by a tenth supplemental indenture. The Notes will bear interest at a fixed rate of 4.250% per annum, and the Issuers may redeem the Notes at certain times. The offering was made pursuant to an effective shelf registration statement.
Items reported
Entry into a Material Definitive Agreement
Other Events
Financial Statements and Exhibits
Market reaction
Close before filing
$79.66
Next session
-5.5%
Since filing
-43.8%
Latest close
$44.76
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from APTV reporting the same item, with the next session's move:
Exhibits (5)
About Aptiv PLC
Aptiv PLC is a technology and mobility solutions firm that plays a critical role in the automotive industry. The company is focused on developing advanced safety, electrification, and digital connectivity functionalities for vehicles, supporting the transition toward more sustainable and connected transportation systems. Aptiv’s primary offerings include sophisticated software and electrical architecture, essential for enabling autonomous driving technologies and a seamless flow of information within vehicles. With its broad engineering expertise, Aptiv serves a diverse array of automotive manufacturers globally, optimizing vehicle performance and enhancing user experience. Headquartered in Dublin, Ireland, Aptiv PLC is at the forefront of technological advancements in the automotive sector, continuously innovating to meet the increasing demand for electrified and smart vehicle solutions. Its significant market presence underscores a commitment to quality and innovation, driving comprehensive automotive safety and connectivity. By integrating cutting-edge technology with robust engineering, Aptiv contributes to shaping the future of the automotive landscape, emphasizing efficiency, safety, and environmental sustainability.
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