By Christine Van Dusen
Atlanta, June 6 – Samvardhana Motherson Automotive Systems Group BV sold €500 million notes due in 2023 at 4 1/8%, a market source said.
ANZ, DBS Bank and HSBC were the joint global coordinators, joint bookrunners and joint lead managers for the Regulation S deal. Barclays and Standard Chartered were joint bookrunners and joint lead managers.
Other details were not immediately available on Monday.
The subsidiary of Motherson Sumi Systems Ltd. is a Noida, India-based supplier of automobile components.
| Issuer: | Samvardhana Motherson Automotive Systems Group BV
|
| Amount: | €500 million
|
| Maturity: | 2023
|
| Description: | Notes
|
| Bookrunners: | ANZ, DBS Bank, HSBC, Barclays, Standard Chartered
|
| Yield: | 4 1/8%
|
| Trade date: | June 2
|
| Distribution: | Regulation S
|
© 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.
