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FORVIA SUCCESSFULLY PRICES AN ADDITIONAL EUR 250 MILLION OF SENIOR NOTES DUE 2030
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1993, AS AMENDED (THE “SECURITIES ACT”)) OR ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE US VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA OR IN ANY OTHER JURISDICTION WH
About this update from Forvia Se
[{"type":"image","alt":"Forvia","displaySize":"","headline":null,"caption":"Forvia","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":130,"url":"https://media.zenfs.com/en/globenewswire.com/a365667070605e54a2c9e76753cb4a05"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/xrFcBqykVu09Gux0rEPO2Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE4MjtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/a365667070605e54a2c9e76753cb4a05","width":300,"height":130}},"lazy":false},{"type":"text","content":"NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1993, AS AMENDED (THE “SECURITIES ACT”)) OR ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE US VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA OR IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.","length":571,"tagName":"p"},{"type":"text","content":"NANTERRE (FRANCE)JUNE 4, 2025","length":30,"tagName":"p"},{"type":"text","content":"FORVIA SUCCESSFULLY PRICES AN ADDITIONAL EUR 250 MILLION OF SENIOR NOTES DUE 2030","length":81,"tagName":"p"},{"type":"text","content":"FORVIA has successfully priced its offering of EUR 250 million in aggregate principal amount of additional senior notes due 2030 (the “New Notes”). FORVIA priced the New Notes at par, or a yield of 5.625%, on the back of a strongly oversubscribed book.","length":252,"tagName":"p"},{"type":"text","content":"The New Notes obtained a credit rating “BB+” by Fitch Ratings, “B1” by Moody’s and “BB-” by Standard & Poor’s.","length":114,"tagName":"p"},{"type":"text","content":"FORVIA intends to use the proceeds of the offering of the New Notes to fund the repurchase of FORVIA’s outstanding 2.750% Sustainability-Linked Notes due February 2027 (the “2027 Sustainability-Linked Notes”) in a cash tender offer (the “Tender Offer”) and pay fees and expenses incurred in connection therewith, including net premiums and accrued and unpaid interest on the 2027 Sustainability-Linked Notes, and fees and expenses incurred in connection with the offering of the New Notes.","length":489,"tagName":"p"},{"type":"text","conten...