Forvia successfully prices USD500 Million of senior notes due 2033 and further diversifies its investor base

Core Viewpoint - FORVIA has successfully priced USD 500 million of senior notes due 2033, indicating a strong demand and diversification of its investor base [2][3]. Group 1: Financial Details - The senior notes have a principal amount of USD 500 million and an interest rate of 6.750% [2]. - The notes received credit ratings of "BB+" from Fitch Ratings, "B1" from Moody's, and "BB-" from Standard & Poor's [3]. - Proceeds from the notes will be used to repay existing long-term financial liabilities, aiming to extend the company's debt maturity [3]. Group 2: Market Response and Future Plans - The transaction was significantly oversubscribed, reflecting strong interest from investors [3]. - An application will be made to list the notes on the official list of Euronext Dublin, with settlement expected on September 23, 2025 [4].