other
confidence high
sentiment neutral
materiality 0.40
Aptiv Swiss Holdings assumes $6.3B+ in notes after subsidiary merger
Aptiv PLC
- Aptiv Swiss Holdings merged with Aptiv Irish Holdings, surviving as issuer of all outstanding senior and subordinated notes.
- Assumed €500M 1.60% notes due 2028, $300M 4.35% notes due 2029, $550M 4.65% notes due 2029, $800M 3.25% notes due 2032, $550M 5.15% notes due 2034.
- Also assumed €750M 4.25% notes due 2036, $300M 4.40% notes due 2046, $350M 5.40% notes due 2049, $1.5B 3.10% notes due 2051, $1.0B 4.15% notes due 2052, $550M 5.75% notes due 2054.
- Additionally assumed $500M 6.875% fixed-to-fixed reset rate junior subordinated notes due 2054.
- Supplemental indentures effective December 19, 2024; note terms unchanged.