Group 1 - Forvia has improved its debt profile by utilizing €600 million from new senior notes due 2031 and available cash to repurchase €700 million of bonds maturing in 2027 [2] - The cash tender offers successfully reduced the outstanding amount of the 2027 Sustainability-Linked Notes from €900 million to €700 million and the 2027 Senior Notes from €890 million to €390 million [3]

Core Viewpoint - FORVIA is planning to offer EUR 500 million of senior notes due 2031, subject to market conditions [2][4]. Group 1: Offering Details - The offering consists of EUR 500 million in aggregate principal amount of senior notes due 2031 [2]. - The proceeds from the offering will be used to repurchase outstanding 2.750% Sustainability-Linked Notes due 2027 and/or 2.375% Notes due 2027 [3][4]. - The Tender Offers for the repurchase of the 2027 notes will launch concurrently with the offering of the new notes [4]. Group 2: Financial Strategy - This transaction is part of FORVIA's strategy to repay long-term financial liabilities, which may include other outstanding debt [5]. - The company may issue additional debt securities in various currencies by the end of 2025 to finance these repayments [5].