Corporate
Press Release
Corporate
Publication
Faurecia to offer an additional €250M 3.125% euro senior notes due 2026 (the "2026 new notes")
Faurecia announces that it will make an offering of €250 of 2026 New Notes to be consolidated and form a single series with the €500 million 3.125% Senior Notes due 2026 issued on 27 March 2019.
Faurecia will use the net proceeds of the offering of the 2026 New Notes to finance the acquisition of the remaining 50% of shares in our joint venture with Continental Automotive, SAS Autosystemtechnik GmbH und Co., KG for €225 million (excluding cash).
In connection with the offering of the 2026 New Notes, Faurecia disclosed certain information to prospective holders of the 2026 New Notes. A copy of such information is available on the link hereto (Exhibit A).