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Sensata Technologies Unit to Redeem $700 Million of Senior Notes
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Sensata Technologies Unit to Redeem $700 Million of Senior Notes
Jun 6, 2024 8:55 AM

11:24 AM EDT, 06/06/2024 (MT Newswires) -- Sensata Technologies Holding ( ST ) said Thursday its subsidiary Sensata Technologies ( ST ) is planning to fully redeem all $700 million of its 5% senior notes due 2025.

The redemption is scheduled for July 15 at a redemption price equal to 100% of the outstanding notes, plus the applicable premium and accrued interest.

Shares of Sensata Technologies ( ST ) were down more than 1% in recent trading.

Price: 39.62, Change: -0.49, Percent Change: -1.22

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