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Aptiv Prices $816.1 Million Debt Offering
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Aptiv Prices $816.1 Million Debt Offering
Jun 4, 2024 3:02 PM

05:30 PM EDT, 06/04/2024 (MT Newswires) -- Aptiv ( APTV ) said late Tuesday it priced 750 million euros ($816.1 million) of 4.25% senior notes due 2036.

The company plans to issue the notes at 99.723% of the principal amount.

It plans to use the net proceeds to repay 1.5% euro-denominated senior notes due 2025 in full before maturity and for general corporate purposes.

The offering will likely close on June 11.

Shares of the company fell nearly 1% in after-hours activity.

Price: 83.00, Change: -0.79, Percent Change: -0.94

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