TE Connectivity Announces Pricing of $350 Million Senior Notes Due 2030
Wednesday, 31 July 2024, 08:24
TE Connectivity Senior Notes Pricing Details
TE Connectivity has announced the pricing of $350 million in senior notes with a fixed interest rate of 4.625%, due in 2030. This strategic financing decision is expected to enhance the company's financial flexibility.
Purpose of the Senior Notes
- The capital raised will support ongoing business initiatives.
- It aims to provide funding for future growth opportunities.
This move highlights TE Connectivity's commitment to maintaining a solid financial foundation while positioning itself for growth in the upcoming decade.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.