TE Connectivity announces pricing of €750 million 3.250% senior notes offering

Core Viewpoint - TE Connectivity plc has announced the pricing of €750 million senior notes offering with a 3.250% interest rate due in 2033, aimed at general corporate purposes including debt repayment [1][2][3] Group 1: Offering Details - The offering consists of €750 million aggregate principal amount of senior notes priced at 99.136% with a stated interest rate of 3.250% per year, payable annually [2] - The offering is expected to close on January 31, 2025, and is managed by BofA Securities Europe SA, Citigroup Global Markets Limited, and J.P. Morgan Securities plc [3] Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for general corporate purposes, which may include the repayment of outstanding debt [3] Group 3: Company Overview - TE Connectivity plc is a global industrial technology leader with over 85,000 employees, including 9,000 engineers, operating in approximately 130 countries [6] - The company focuses on connectivity and sensor solutions that support various sectors including transportation, renewable energy, and medical technology [6]