Sensata Technologies Holding plc today announced that its indirect wholly owned subsidiary, Sensata Technologies UK Financing Co. plc , intends to redeem in full all $750,000,000 in aggregate. | February 5, 2021
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Sensata Technologies Holding plc (NYSE: ST) ( Sensata Technologies ) today announced that its indirect wholly owned subsidiary, Sensata Technologies UK Financing Co. plc (the Issuer ), intends to redeem in full all $750,000,000 in aggregate principal amount of its outstanding 6.250% Senior Notes due 2026 (the Notes ). The redemption will be made in accordance with the terms of the indenture governing the Notes and the terms of the notice of redemption.
The Issuer expects to redeem the Notes on March 5, 2021 (the Redemption Date ) at a redemption price equal to 103.125% of the aggregate principal amount of the outstanding Notes, plus accrued and unpaid interest to (but not including) the Redemption Date (the Redemption Price ). The Redemption Price will be due and payable on the Redemption Date upon surrender of the Notes.