US EditionTE Connectivity announces pricing of $900 million senior notes offerings
- TE Connectivity plc announced the pricing of $900 million senior notes offerings on April 29, 2025, in Galway, Ireland.
- TE Connectivity made this offering to raise funds for general corporate purposes and to repay debt from the Richards Manufacturing acquisition.
- The offering consists of two tranches: $450 million of senior notes maturing in 2031 with a 4.500% interest rate paid twice yearly and $450 million of senior notes maturing in 2035.
- The offering is being co-managed by J.P. Morgan and Scotia Capital , with the registration statement having been submitted on October 1, 2024.
- The offering is expected to close on May 9, 2025, and proceeds may be combined with concurrent Euro notes offerings, reflecting TE Connectivity's ongoing capital management strategy.
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TE Connectivity announces pricing of $900 million senior notes offerings
GALWAY, Ireland, April 29, 2025 /PRNewswire/ -- TE Connectivity plc (NYSE: TEL) ("TE Connectivity") today announced that Tyco Electronics Group S.A. ("TEGSA"), its indirect wholly-owned subsidiary, has priced an offering of:
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