FORVIA SUCCESSFULLY PRICES AN ADDITIONAL EUR 250 MILLION OF SENIOR NOTES DUE 2030

Core Viewpoint - FORVIA has successfully priced an additional EUR 250 million of senior notes due 2030 at a yield of 5.625%, backed by strong demand from investors [2][3]. Group 1: Offering Details - The new senior notes were priced at par, indicating a strong oversubscription of the offering [2]. - The credit ratings for the new notes are "BB+" by Fitch Ratings, "B1" by Moody's, and "BB-" by Standard & Poor's [2]. Group 2: Use of Proceeds - Proceeds from the new notes will be used to repurchase FORVIA's outstanding 2.750% Sustainability-Linked Notes due February 2027 through a cash tender offer [3]. - The company plans to repurchase an amount expected to equal the principal of the new notes [4]. Group 3: Tender Offer and Settlement - The tender offer for the 2027 Sustainability-Linked Notes has been launched and is subject to conditions, including the completion of the new notes offering [4]. - Settlement for the new notes and the tender offer is expected to occur on June 12, 2025 [5].