Aptiv PLC and Aptiv Global Financing Designated Activity Company agreed to issue Senior Notes due 2029, 2034 and 2054, each in an amount of $550 million, and Subordinated Notes due 2054 in an amount of $500 million.

1. 01

   Aptiv PLC and Aptiv Global Financing Designated Activity Company agreed to issue Senior Notes due 2029, 2034 and 2054, each in an amount of $550 million, and Subordinated Notes due 2054 in an amount of $500 million.

2. 02

   The company said the 2029 notes carry a fixed rate of 4.650%, the 2034 notes 5.150%, and the 2054 notes 5.750%, with interest payable from March 13, 2025 and each year on March 13 and September 13.

3. 03

   The company said the Subordinated Notes will bear interest at 6.875% per year from September 13, 2024 to just before December 15, 2029, and thereafter, in 5-year periods, at the Five-Year Treasury Rate plus 3.385%.

4. 04

   The company entered into underwriting agreements on September 9, 2024 with J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC as representatives of the underwriters. The notes are fully and unconditionally guaranteed on an unsecured basis by Aptiv Corporation, an indirect subsidiary.

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.