Aptiv Announces Pricing and Upsize of $1.6 Billion Private Offering of Senior Notes by Its Electrical Distribution Systems Spin-Off Subsidiaries, Cyprium Corporation and Cyprium Holdings Luxembourg S.à r.l.
Core Viewpoint - Aptiv PLC has announced an upsized private offering of senior notes totaling $1.6 billion, aimed at supporting its focus on automation, electrification, and digitalization in the industrial technology sector [1] Group 1: Offering Details - The company is offering $800 million of 6.125% senior notes due in 2031 [1] - Additionally, $800 million of 6.375% senior notes due in 2034 will also be issued [1] - The total aggregate principal amount of the notes is $1.6 billion [1]