PHINIA Announces Pricing of Senior Secured Notes in Private Offering

Tuesday, 26 March 2024, 20:59

PHINIA has announced the successful pricing of $525M senior secured notes due 2029 through a private offering. The proceeds from this offering will be utilized to repay existing borrowings and for general corporate purposes. This move is expected to strengthen PHINIA's financial position and support its strategic objectives looking ahead.

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PHINIA Announces Pricing of Senior Secured Notes

PHINIA has successfully priced a private offering of $525M senior secured notes due 2029 to repay borrowings and for general corporate purposes.

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