debt
confidence high
sentiment neutral
materiality 0.55
Sensata prices $500M 5.875% senior notes due 2030 to refinance 2023 notes
Sensata Technologies Holding plc
- $500M aggregate principal of 5.875% senior notes due 2030 priced at par.
- Proceeds to redeem 4.875% senior notes due 2023 or other existing debt.
- Closing expected August 29, 2022, subject to customary conditions.
- Issuer: indirect subsidiary Sensata Technologies B.V.; guaranteed by certain subsidiaries.
- Offered in private placement to QIBs and non-US persons under Rule 144A/Reg S.