BORGWARNER PRICES $1 BILLION SENIOR NOTES OFFERING
BWABorgWarner(BWA) Prnewswire·2024-08-08 06:48

AUBURN HILLS, Mich., Aug. 7, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) ("BorgWarner" or the "Company") announced today it priced a public offering of 500millionaggregateprincipalamountofits4.950500 million aggregate principal amount of its 4.950% Senior Notes due 2029 (the "2029 Notes") and 500 million aggregate principal amount of its 5.400% Senior Notes due 2034 (the "2034 Notes" and, together with the 2029 Notes, the "Senior Notes").The Company expects that it will receive approximately $987 million of net proceeds from the offering after ...