---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-041378"
form_type: "8-K"
ticker: "PHIN"
cik: "0001968915"
company_name: "PHINIA INC."
filed_at: "2024-09-18T23:59:59+00:00"
generated_at: "2026-05-31T04:04:21.059260+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# PHINIA issues $450M 6.625% Senior Notes due 2032 (upsized from $400M); amends credit agreement

## Summary
- Issued $450M aggregate principal of 6.625% Senior Notes due Oct 15, 2032; increased from previously announced $400M.
- Net proceeds to repay all outstanding term loan A borrowings, pay fees, and for general corporate purposes.
- Credit Agreement Amendment reduces applicable margin on revolving facility and modifies covenants; term A loans fully prepaid.
- Notes are senior unsecured, guaranteed by domestic subsidiaries; callable at 100% plus make-whole prior to Oct 2027.
- Interest at 6.625% payable semiannually on Apr 15 and Oct 15, starting Apr 15, 2025; mature Oct 15, 2032.

## SEC filing metadata
- accession: 0001140361-24-041378
- form_type: 8-K
- ticker: PHIN
- cik: 0001968915
- company_name: PHINIA INC.
- filed_at: 2024-09-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1968915/000114036124041378/0001140361-24-041378-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1968915/000114036124041378/ef20035971_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-041378
- JSON: https://secwatch.observer/filing/0001140361-24-041378.json
- Plain text: https://secwatch.observer/filing/0001140361-24-041378.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.