secwatch.observer — SEC 8-K summary
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Issuer:     BORGWARNER INC (BWA)
CIK:        0000908255
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0001104659-24-087315
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BorgWarner prices $1.0B senior notes offering: $500M 4.950% due 2029, $500M 5.400% due 2034
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- Issued $500M 4.950% Senior Notes due 2029 and $500M 5.400% Senior Notes due 2034 in registered offering.
- Net proceeds to repurchase any and all of its 3.375% senior notes due Mar 2025 and 5.000% senior notes due Oct 2025 via tender offers.
- Remaining proceeds will be used for general corporate purposes.
- Notes are senior unsecured obligations ranking equally with existing unsecured debt.
- Interest payable semi-annually on Feb 15 and Aug 15, beginning Feb 15, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/908255/000110465924087315/0001104659-24-087315-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/908255/000110465924087315/tm2415069d7_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-087315

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