Lear has announced that it has priced an underwritten public offering of US$350m of 7.875% senior notes due 2018, and US$350m of 8.125% senior notes due 2020. The senior notes due 2018 were priced at 99.276% of par, resulting in a yield to maturity of 8.00%, and the senior notes Subscribe to Automotive World to … Continued
Lear has announced that it has priced an underwritten public offering of US$350m of 7.875% senior notes due 2018, and US$350m of 8.125% senior notes due 2020. The senior notes due 2018 were priced at 99.276% of par, resulting in a yield to maturity of 8.00%, and the senior notes
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Subscribe
Already a member?
https://www.automotiveworld.com/articles/81383-us-lear-prices-us-700m-notes-offering/
Join our LinkedIn Group
Let us help you understand the future of mobility