Sensata subsidiary issues $500M 5.875% notes due 2030; proceeds to redeem 2023 notes

Sensata Technologies Holding plc

STBV issued $500M of 5.875% senior notes due September 1, 2030.
Net proceeds to redeem $500M of 4.875% senior notes due 2023.
Redemption of 2023 notes set for September 28, 2022 at 100% plus make-whole premium and accrued interest.
Notes are unsecured senior obligations guaranteed by certain subsidiaries; rank equally with existing senior debt.

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