US: Visteon launches US$500m note issue

Visteon has announced it intends to commence a debt refinancing exercise through a private placement of US$500m aggregate principal amount of senior unsecured notes due 2019. The supplier says it intends to use the net proceeds of the offering, together with cash on hand, to retire its US$500m senior secured term Subscribe to Automotive World … Continued

• By Webmaster
• March 29, 2011