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BorgWarner to Redeem $343.4 Million 5% Senior Notes Due 2025
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BorgWarner to Redeem $343.4 Million 5% Senior Notes Due 2025
Oct 17, 2024 12:08 PM

10:44 AM EDT, 10/17/2024 (MT Newswires) -- BorgWarner ( BWA ) said Thursday that it will redeem in full on Nov. 1 the outstanding $343.4 million aggregate principal amount of its 5% senior notes due 2025.

The company said the redemption is in accordance with the indenture's terms and the total redemption price includes 100% of the notes' principal amount plus the applicable premium comprising accrued and unpaid interest.

Price: 34.63, Change: -0.41, Percent Change: -1.18

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