Garrett Motion Inc. Announces Proposed Private Offering of $500 Million of Senior Notes Due 2032
Garrett Motion Inc. (GTX)
Last garrett motion inc. earnings: 2/27 07:00 am
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Source: GlobeNewswire
ROLLE, Switzerland, May 06, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX) (the “Company”) announced today that Garrett Motion Holdings Inc. and Garrett LX I S.à r.l., its wholly owned subsidiaries, are planning, subject to market and other customary conditions, to offer (the “Offering”) $500 million aggregate principal amount of senior unsecured notes due 2032 (the “notes”) in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The notes will be fully and unconditionally guaranteed by the Company and each of the Company’s wholly owned restricted subsidiaries that guarantees the Company’s senior secured credit facilities. The Company intends to use the proceeds of the Offering, together with cash on hand, to repay approximately $500 million of term loan indebtedness under the Company’s senior secured credit facilities, in accordance with the terms thereof, and to pay related fees and expe
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News
- Silver Ring Value Partners Q1 2024 Letter [Seeking Alpha]Seeking Alpha
- Garrett Motion Inc. Announces Upsizing and Pricing of Private Offering of $800 Million of Senior Notes Due 2032GlobeNewswire
- Garrett Motion Inc. Announces Proposed Private Offering of $500 Million of Senior Notes Due 2032 [Yahoo! Finance]Yahoo! Finance
- Why Fast-paced Mover Garrett Motion (GTX) Is a Great Choice for Value Investors [Yahoo! Finance]Yahoo! Finance
- Here's Why Garrett Motion (GTX) Rose in Q1 [Yahoo! Finance]Yahoo! Finance
GTX
Earnings
- 4/25/24 - Beat
GTX
Sec Filings
- 5/7/24 - Form 8-K
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- GTX's page on the SEC website