financetom
Business
financetom
/
Business
/
Sensata Technologies Reports Early Tender Results
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
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

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Will Western companies return to Russia?
Will Western companies return to Russia?
Feb 19, 2025
LONDON (Reuters) -As Moscow and Washington discuss how to end the war in Ukraine, one of the many questions on investors' minds is whether the corporate exodus from Russia in opposition to the February 2022 invasion of its neighbour may be reversed. As long as broad Western sanctions on Russia remain in place, that looks unlikely, but should U.S. President...
Analysis-'Stagflation' fears haunt US markets despite Trump's pro-growth agenda
Analysis-'Stagflation' fears haunt US markets despite Trump's pro-growth agenda
Feb 19, 2025
(Reuters) - Stubborn inflation and President Donald Trump's hard-line trade policies have rekindled fears of stagflation, a worrying mix of sluggish growth and relentless inflation that haunted the U.S. in the 1970s, even as markets remain upbeat on his pro-growth agenda. The potential return of stagflation, which would pressure a range of assets, has been flagged periodically over the past...
EXPLAINER-Will Western companies return to Russia?
EXPLAINER-Will Western companies return to Russia?
Feb 19, 2025
LONDON, Feb 19 (Reuters) - As Moscow and Washington discuss how to end the war in Ukraine, one of the many questions on investors' minds is whether the corporate exodus from Russia in opposition to the February 2022 invasion of its neighbour may be reversed. As long as broad Western sanctions on Russia remain in place, that looks unlikely, but...
iPhone supplier Murata eyeing large-scale M&A to drive growth, CEO says
iPhone supplier Murata eyeing large-scale M&A to drive growth, CEO says
Feb 19, 2025
KYOTO, Japan (Reuters) - Japan's Murata Manufacturing ( MRAAF ) is considering mergers and acquisitions (M&A) larger than 100 billion yen ($665 million) to drive growth, the smartphone component supplier's CEO said on Thursday. Murata is considering areas such as inductors and sensors with overseas targets also a possibility as the company seeks to grow its market share and expand...
Copyright 2023-2026 - www.financetom.com All Rights Reserved