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Published on 8/29/2022 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Sensata Technologies issues make-whole call for 4 7/8% notes

Chicago, Aug. 29 – Sensata Technologies Inc. is formally issuing a redemption notice for all $500 million 4 7/8% notes due 2023 issued by Sensata Technologies BV, according to a press release.

The notes are being redeemed at par plus the make-whole premium on Sept. 28.

Bank of New York Mellon is the trustee (800 254-2826).

In mid-August, the company announced the upcoming redemption would be funded with a new offering of notes. The new issue settled on Monday.

Sensata is a producer of sensors and controls for manufacturers in the automotive, appliance, aircraft, industrial and HVAC markets. Headquarters are in Attleboro, Mass.


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