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Sensata Technologies Reports Early Tender Results
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Sensata Technologies Reports Early Tender Results
Nov 11, 2025 7:22 AM

10:09 AM EST, 11/11/2025 (MT Newswires) -- Sensata Technologies Holding ( ST ) and its units Sensata Technologies BV and Sensata Technologies Inc. reported Tuesday early results of their tender offers to buy up to $350 million of senior notes.

Sensata Technologies BV, or STBV, has amended its tender offer for the 4% senior notes due 2029 to eliminate the cap on the purchase of the notes, which was previously set at $300 million, the companies said.

The amount of STBV 2029 notes tendered on Monday at 5 pm ET, which was the early tender deadline, was about $874.1 million, the company said, adding tenders of the 2029 notes alone exceeded the maximum tender offer amount.

STBV now plans to accept for purchase 2029 notes with a purchase price approximately equal to the maximum tender offer amount of $350 million, the company said.

The companies said that because the cash consideration payable for the STBV 2029 notes tendered exceeds the maximum tender offer amount they do not expect to accept for purchase all notes that have been validly tendered.

STBV plans to not accept for purchase any of the 5.875% senior notes due 2030 issued by it, and Sensata Technologies Inc. does not plan to accept for purchase any of the 4.375% senior notes due 2030 issued by it, the companies said.

Price: 30.91, Change: -0.35, Percent Change: -1.12

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