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Form 8-K · Current Report · Filed 2024-11-25

Aptiv PLC Announces Redemption of €700 Million Senior Notes

On November 25, 2024, Aptiv PLC announced its intention to redeem for cash the entire €700 million aggregate principal amount of its 1.500% Euro-Denominated Senior Notes due 2025.

Filer
Aptiv PLC APTV · NYSE
Filed
Accession
0001193125-24-264718
CIK
0001521332
Signal
High impactConsumer Cyclical

Details

The redemption is expected to occur on December 10, 2024, at a price of 100% of the principal amount plus any accrued and unpaid interest. This action is part of the company's financial strategy to manage its debt obligations.

Items reported

Item 8.01

Other Events

Regulatory Investigation SEC Subpoena Dividend Announced

Market reaction

Close before filing

$54.38

Next session

+1.7%

Since filing

-17.7%

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:

Aptiv PLC Announces Offering of Senior and Subordinated Notes+2.7%
Aptiv PLC Announces Redemption of $700 Million Senior Notes-4.5%
Aptiv PLC Announces Issuance of €750M Senior Notes-5.5%

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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