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Adient Plans to Launch $795 Million Private Offering of Senior Notes
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Adient Plans to Launch $795 Million Private Offering of Senior Notes
Jan 30, 2025 6:32 AM

09:02 AM EST, 01/30/2025 (MT Newswires) -- Adient (ADNT) said Thursday its wholly-owned unit, Adient Global Holdings, plans to offer $795 million in senior unsecured notes due 2033 via a private offering.

The provider of automotive seating said it intends to use the net proceeds and cash on hand to redeem its existing 4.875% senior unsecured notes due 2026 and to cover related fees and expenses.

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