Sensata Technologies Holding plc Announces Pricing of $450 Million of Senior Notes by Sensata Technologies, Inc.

Sensata Technologies Holding plc (ST) (“Sensata Technologies”) today announced that its indirect wholly owned subsidiary, Sensata Technologies, Inc. (the “Issuer”), priced $450 million in aggregate principal amount of 4.375% senior notes due 2030 (the “Notes”) in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be guaranteed on a senior unsecured basis by Sensata Technologies B.V., the Issuer’s indirect parent (“STBV”), and each of STBV’s wholly owned subsidiaries (other than the Issuer) that is expected to be a guarantor under the senior credit facilities and outstanding series of existing notes.

source https://finance.yahoo.com/news/sensata-technologies-holding-plc-announces-201203057.html?.tsrc=rss

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