Business Wire·Apr 6, 2026, 6:45 AM ET

Aptiv Announces the Expiration and Final Results of Its Cash Tender Offer

Aptiv PLC's subsidiary Aptiv Swiss Holdings Limited announced the expiration of its cash tender offer for specific senior notes at 5:00 p.m. New York City time on April 3, 2026.
The financing condition for the tender offer was satisfied, allowing the company to purchase notes totaling up to $1,371,000,000 in aggregate consideration.
The company will accept notes based on a priority system where Series 1 (3.250% due 2032) has the highest priority, followed by Series 2 through 5, while Series 6 (4.150% due 2052) is subject to a 19.2% proration factor.
Notes with a 3.100% interest rate due in 2051 (Series 7) were not accepted for purchase despite being tendered, as the aggregate consideration cap was reached by higher-priority series.
Settlement for all accepted notes is expected to occur on April 7, 2026, with Citigroup, Goldman Sachs, & J.P. Morgan serving as dealer managers.
Aptiv remains a global technology company focused on automated, electrified, & digitalized automotive solutions.