TE Connectivity Ltd. Subsidiary Issues $350 Million Senior Notes

Details

The net proceeds from the sale of the Notes, approximately $346.0 million, will be used for general corporate purposes, potentially including the repayment of outstanding debt. The offering was priced at 99.459% with an interest rate of 4.625% per year, payable semi-annually. The Notes are guaranteed by TE Connectivity and governed by an indenture dated September 25, 2007, supplemented by the Twentieth Supplemental Indenture dated August 2, 2024.

Items reported

Exhibits (6)

About TE Connectivity Ltd.

TE Connectivity Ltd. is a global technology company specializing in the design and manufacture of connectivity and sensor solutions. The company serves various industries, including automotive, aerospace, defense, medical technology, energy, data communications, and consumer electronics. TE Connectivity's primary function is to provide essential components and integrated solutions that enable reliable and robust electrical connections and data transfers in critical applications. Notable features of the company include its focus on innovation and sustainability, offering products like connectors, sensors, relays, and fiber optic equipment that improve efficiency and durability. Its products are fundamental in facilitating advancements in the Internet of Things (IoT), autonomous driving, renewable energy, and high-speed data applications. In the financial markets, TE Connectivity plays a significant role as a leader in the electronic components sector, known for its commitment to quality and cutting-edge technology. The company's operations extend globally, with a strong presence in both established and emerging markets, making it a vital link in the supply chains of some of the world's leading technology and industrial companies.