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Stock impact report

Aptiv Announces Pricing and Upsize of $1.6 Billion Private Offering of Senior Notes by Its Electrical Distribution Systems Spin-Off Subsidiaries, Cyprium Corporation and Cyprium Holdings L...

Aptiv PLC Ordinary Shares (APTV) 
Last aptiv plc ordinary shares earnings: 1/30 06:45 am Check Earnings Report
Company Research Source: Business Wire
SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Aptiv PLC (“Aptiv”) (NYSE:APTV), a global industrial technology company focused on enabling a more automated, electrified, and digitalized future, today announced the pricing of an upsized private offering of $800,000,000 aggregate principal amount of 6.125% senior notes due 2031 (the “2031 Notes”) and $800,000,000 aggregate principal amount of 6.375% senior notes due 2034 (the “2034 Notes” and, together with the 2031 Notes, the “Notes”) by its subsidiaries, Cyprium Corporation (“Cyprium Corp.”) and Cyprium Holdings Luxembourg S.à r.l. (“Cyprium Luxembourg” and, together with Cyprium Corp., the “Co-Issuers”). The Co-Issuers are subsidiaries of Versigent Limited (“Versigent”), the recently formed holding company for Aptiv’s Electrical Distribution Systems segment, which Aptiv intends to separate from its current business by means of a spin-off to its shareholders. The size of the offering reflects an increase of $100 million in aggregate Show less Read more
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