Adient announces pricing of $795 million of 7.50% senior unsecured notes due 2033
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Adient has announced the pricing of a $795 million private offering of 7.50% senior unsecured notes due 2033 through its subsidiary, Adient Global Holdings Ltd.
January 30, 2025 | 10:00 pm
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Adient has priced a $795 million private offering of 7.50% senior unsecured notes due 2033, which could impact its financial structure and liquidity.
The issuance of senior unsecured notes can affect Adient's financial structure by increasing its debt load, but it also provides liquidity. The impact on stock price is uncertain as it depends on how investors perceive the use of proceeds and the company's ability to manage its debt.
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