Loan & DebtApr 6, 2026, 10:23 AM
Aptiv PLC Announces Expiration of $1.371 Billion Tender Offer for Senior Notes
AI Summary
Aptiv PLC's subsidiary, Aptiv Swiss Holdings Limited, completed its cash tender offer to purchase outstanding senior notes due 2032, 2034, 2054, 2049, 2046, 2052 and 2051 for up to $1.371 billion. The tender offer was contingent upon the completion of the spin-off of the company's Electrical Distribution Systems business.
Key Highlights
- Aptiv Swiss Holdings Limited commenced a cash tender offer for senior notes.
- The aggregate consideration for the notes was up to $1.371 billion.
- The tender offer expired on April 3, 2026.
- The tender offer was subject to the completion of the spin-off of Aptiv's Electrical Distribution Systems business.