Delphi Automotive PLC (NYSE: DLPH), a leading global technology company serving the automotive sector, today announced it priced €500 million aggregate principal amount of its 1.600% Senior Notes due 2028 (the “Notes”).
The Notes will be issued at a price of 99.881% of their principal amount. Proceeds from the Notes will be used to repay a portion of Delphi’s existing $800 million 5.00% Senior Notes due 2023 (the “2023 Notes”).
Barclays Bank PLC, Deutsche Bank AG, London Branch and J.P. Morgan Securities plc are joint book-running managers for the offering of the Notes.
The offering of the Notes is made only by means of a prospectus. Copies may be obtained by contacting (1) Barclays Bank PLC at +44 (0) 20 7773 9098, (2) Deutsche Bank AG, London Branch at 1-800-503-4611 (or via email at synops@list.db.com), or (3) J.P. Morgan Securities plc collect at +44-207-134-2468. The Notes are being offered pursuant to an effective shelf registration statement filed with the U.S. Securities and Exchange Commission on October 30, 2015.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the Notes, nor will there be any sale of the Notes in any jurisdiction in which such offer, solicitation, or sale would be unlawful. Any offer, solicitation, or sale of the Notes will be made only by means of the prospectus supplement and the accompanying prospectus.
