Garrett Motion Inc. Announces Upsizing and Pricing of Private Offering of $800 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 07, 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, have priced their previously announced offering (the “Offering”) and have agreed to issue and sell $800 million aggregate principal amount of their 7.750% 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 aggregate principal amount of the Offering of the notes was increased from the previously announced Offering size of $500 million aggregate principal amount of notes. The notes will be sold to investors at 100.00% plus accrued interest, if any, from May 21, 2024. The closing of the Offering of the notes is expected to occur on or about May 21, 2024, subject to customary closing conditions. The notes will be fully and unconditionally guara
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News
- Silver Ring Value Partners Q1 2024 Letter [Seeking Alpha]Seeking Alpha
- Garrett Motion Inc. Announces Proposed Private Offering of $500 Million of Senior Notes Due 2032 [Yahoo! Finance]Yahoo! Finance
- Garrett Motion Inc. Announces Proposed Private Offering of $500 Million of Senior Notes Due 2032GlobeNewswire
- 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