Sensata begins tender for $700 million 6˝% senior notes due 2019

By Susanna Moon

Chicago, March 19 – Sensata Technologies Holding NV said its indirect wholly owned subsidiary Sensata Technologies BV began a cash tender offer for the company’s $700 million of outstanding 6˝% senior notes due 2019.

The purchase price will be $1,040.30 for each $1,000 principal amount of notes.

The company also will pay accrued interest to but excluding the settlement date.

The tender offer will end at 5 p.m. ET on March 25.

Morgan Stanley (800 624-1808 or 212 761-1057 collect) is the dealer manager. DF King is the information agent and tender agent (banks and brokers 212 269-5550 collect, others 877 361-7964).

Sensata is an Attleboro, Mass.-based supplier of sensing, electrical protection, control and power management solutions.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.