Sensata Technologies Holding plc Announces Upcoming Redemption of 5.000% Senior Notes due 2025 by Sensata Technologies B.V.
06 Juin 2024 - 4:04PM
Business Wire
Sensata Technologies Holding plc (NYSE: ST) (“Sensata
Technologies”) today announced that its indirect wholly owned
subsidiary, Sensata Technologies B.V. (the “Issuer”), intends to
redeem in full all $700,000,000 in aggregate principal amount of
its outstanding 5.000% Senior Notes due 2025 (the “Notes”). The
redemption will be made in accordance with the terms of the
indenture governing the Notes and the terms of the notice of
redemption being delivered to all registered holders of the
Notes.
The Issuer expects to redeem the Notes on July 15, 2024 (the
“Redemption Date”) at a redemption price equal to 100.000% of the
aggregate principal amount of the outstanding Notes, plus the
Applicable Premium (as defined in the indenture governing the
Notes), plus accrued and unpaid interest to (but not including) the
Redemption Date (the “Redemption Price”). The Redemption Price will
be due and payable on the Redemption Date upon surrender of the
Notes.
The notice of redemption is being delivered to all registered
holders of the Notes by The Bank of New York Mellon, the trustee
for the Notes (the “Trustee”). Copies of the notice of redemption
may be obtained from the Trustee by calling 1-800-254-2826.
This press release is for informational purposes only and shall
not constitute an offer to sell or a solicitation of an offer to
buy the Notes or any other securities.
About Sensata
Technologies
Sensata Technologies is a global industrial technology company
striving to create a cleaner, more efficient, electrified and
connected world. Through its broad portfolio of sensors, electrical
protection components and sensor-rich solutions which create
valuable business insights, Sensata helps its customers address
increasingly complex engineering and operating performance
requirements. With more than 21,000 employees and global operations
in 16 countries, Sensata serves customers in the automotive, heavy
vehicle & off-road, industrial, and aerospace markets.
Safe Harbor Statement
Statements in this release which are not historical facts, such
as those that may be identified by the use of words such as
“anticipate,” “believe,” “could,” “estimate,” “expect,” “feel,”
“forecast,” “intend,” “may,” “plan,” “potential,” “project,”
“should,” “would,” and similar expressions, are forward-looking
statements under the provisions of the Private Securities
Litigation Reform Act of 1995. By their nature, forward-looking
statements involve risks and uncertainties because they relate to
events and depend on circumstances that may or may not occur in the
future. These risks and uncertainties include, but are not limited
to, the consummation of the offering by the Issuer and the use of
proceeds. Detailed information about some of the other known risks
is included in our Annual Report on Form 10-K for the year ended
December 31, 2023 and our other reports filed with the Securities
and Exchange Commission. Because actual results could differ
materially from our intentions, plans, expectations, assumptions
and beliefs about the future, you are urged to view all
forward-looking statements contained in this news release with
caution. Except as required by applicable law, we do not undertake
to publicly update or revise any of these forward-looking
statements, whether as a result of new information, future events,
or otherwise.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240606013557/en/
Media & Investor Contact:
Alexia Taxiarchos +1 (508) 236-1761 ataxiarchos@sensata.com
investors@sensata.com
Sensata Technologies (NYSE:ST)
Graphique Historique de l'Action
De Jan 2025 à Fév 2025
Sensata Technologies (NYSE:ST)
Graphique Historique de l'Action
De Fév 2024 à Fév 2025