TE Connectivity announces pricing of €500 million 2.500% senior notes offering

Core Viewpoint - TE Connectivity plc has announced the pricing of €500 million in senior notes due 2028, with a stated interest rate of 2.500% per year, aimed at general corporate purposes including debt repayment related to the acquisition of Richards Manufacturing [1][2][3]. Group 1: Offering Details - The offering consists of €500 million aggregate principal amount of 2.500% senior notes due 2028, priced at 99.610% [2]. - The interest on the senior notes will be payable annually [2]. - The offering is expected to close on May 6, 2025 [4]. Group 2: Use of Proceeds - The net proceeds from this offering will be used for general corporate purposes, including the repayment of debt incurred from the acquisition of the Richards Manufacturing business [3]. Group 3: Company Overview - TE Connectivity plc is a global industrial technology leader focused on connectivity and sensor solutions, with over 85,000 employees, including 9,000 engineers, operating in approximately 130 countries [9].