Core Viewpoint - Aptiv PLC has announced the pricing terms for a cash tender offer to purchase outstanding notes for an aggregate consideration of up to $1,371,000,000, excluding accrued interest, through its subsidiary Aptiv Swiss Holdings Limited [1][10]. Summary by Sections Tender Offer Details - The cash tender offer is aimed at purchasing various series of notes, with a maximum aggregate consideration of $1,371,000,000 [1][10]. - The total consideration for each series of notes is determined based on a fixed spread over the yield of applicable U.S. Treasury Securities [3][10]. - An Early Tender Premium of $30 per $1,000 principal amount will be included for notes accepted for purchase [3][9]. Payment and Settlement - Payments for the notes will include accrued and unpaid interest from the last interest payment date up to the expected settlement date of April 7, 2026 [4][10]. - The tender offer is set to expire at 5:00 p.m. New York City time on April 3, 2026, unless extended [11]. Conditions and Financing - The tender offer is contingent upon the successful completion of a spin-off of Aptiv's Electrical Distribution Systems business into a new company named Versigent, along with a special dividend of at least $1,700,000,000 from Versigent [10][11]. - The acceptance of notes will be subject to specified acceptance priority levels and series caps [8][10]. Notes Information - The tender offer includes several series of senior notes with varying due dates and total principal amounts, such as: - 3.250% Senior Notes due 2032 with an aggregate principal amount of $717,247,000 [5]. - 5.150% Senior Notes due 2034 with an aggregate principal amount of $515,938,000 [6]. - 5.750% Senior Notes due 2054 with an aggregate principal amount of $550,000,000 [6]. - The total tender offer consideration for each series varies, with specific reference yields and fixed spreads detailed in the announcement [5][6].