12:02 PM EDT, 09/09/2024 (MT Newswires) -- Aptiv ( APTV ) said Monday it expects to fully redeem for cash the $700 million outstanding of its 2.396% senior notes due 2025 on Sept. 19.

The planned redemption is conditioned upon the completion, before the redemption date, of at least one debt financing that would generate gross proceeds enough to fund the redemption, the company said in a filing with the US Securities and Exchange Commission.

Aptiv ( APTV ) shares were up nearly 2% in recent trading.

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