Aptiv PLC Updates on Senior Notes Maturities
Ticker: APTV · Form: 8-K · Filed: Jan 31, 2024 · CIK: 1521332
Complexity: simple
Sentiment: neutral
Topics: debt, senior-notes, financial-condition, 8-K
TL;DR
**Aptiv just updated on its long-term debt, showing various senior notes maturing from 2025 to 2052.**
AI Summary
Aptiv PLC filed an 8-K on January 31, 2024, to disclose the current status of its various senior notes, including those due in 2025, 2028, 2029, 2032, 2046, 2049, 2051, and 2052. This filing indicates that Aptiv is maintaining its debt obligations, which is important for investors because it shows the company is transparent about its financial structure and ongoing liabilities. For shareholders, understanding these debt maturities helps assess the company's future cash flow needs and potential refinancing risks.
Why It Matters
This filing provides transparency on Aptiv's long-term debt structure, which is crucial for investors to evaluate the company's financial health and future obligations. It helps assess potential refinancing needs and interest rate exposure.
Risk Assessment
Risk Level: low — This filing is purely informational regarding existing debt and does not indicate any new, immediate financial risk or change in company operations.
Analyst Insight
A smart investor would review Aptiv's full financial statements to understand the total outstanding amounts for each of these senior notes and assess the company's ability to manage these maturities, especially the nearer-term ones in 2025, in the context of current interest rates and cash flow.
Key Players & Entities
- Aptiv PLC (company) — the registrant filing the 8-K
- Senior Notes 2.396% Due 2025 (dollar_amount) — a specific debt instrument
- Euro-Denominated Senior Notes 1.500% Due 2025 (dollar_amount) — a specific debt instrument
- Euro-denominated Senior Notes 1.600% Due 2028 (dollar_amount) — a specific debt instrument
- Senior Notes 4.35% Due 2029 (dollar_amount) — a specific debt instrument
- Senior Notes 3.250% Due 2032 (dollar_amount) — a specific debt instrument
- Senior Notes 4.400% Due 2046 (dollar_amount) — a specific debt instrument
- Senior Notes 5.40% Due 2049 (dollar_amount) — a specific debt instrument
- Senior Notes 3.10% Due 2051 (dollar_amount) — a specific debt instrument
- Senior Notes 4.150% Due 2052 (dollar_amount) — a specific debt instrument
FAQ
What is the purpose of Aptiv PLC's 8-K filing on January 31, 2024?
The 8-K filing by Aptiv PLC on January 31, 2024, is to report on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits,' specifically detailing the status of various senior notes with different maturity dates.
Which specific debt instruments are mentioned in this 8-K filing?
The filing mentions several senior notes, including Senior Notes 2.396% Due 2025, Euro-Denominated Senior Notes 1.500% Due 2025, Euro-denominated Senior Notes 1.600% Due 2028, Senior Notes 4.35% Due 2029, Senior Notes 3.250% Due 2032, Senior Notes 4.400% Due 2046, Senior Notes 5.40% Due 2049, Senior Notes 3.10% Due 2051, and Senior Notes 4.150% Due 2052.
What is the earliest maturity date for the senior notes listed in the filing?
The earliest maturity date for the senior notes listed in the filing is 2025, specifically for the Senior Notes 2.396% Due 2025 and Euro-Denominated Senior Notes 1.500% Due 2025.
What is the latest maturity date for the senior notes listed in the filing?
The latest maturity date for the senior notes listed in the filing is 2052, specifically for the Senior Notes 4.150% Due 2052.
Where is Aptiv PLC's principal executive office located?
Aptiv PLC's principal executive office is located at 5 Hanover Quay, Grand Canal Dock, Dublin, D02 VY79, Ireland.
Filing Stats: 649 words · 3 min read · ~2 pages · Grade level 9.7 · Accepted 2024-01-31 09:25:53
Key Financial Figures
- $0.01 — e on which registered Ordinary Shares. $0.01 par value per share APTV New York Stock
Filing Documents
- aptv-20240131.htm (8-K) — 43KB
- aptv2023ex991.htm (EX-99.1) — 572KB
- aptivlogoa21a.jpg (GRAPHIC) — 10KB
- 0001521332-24-000004.txt ( ) — 890KB
- aptv-20240131.xsd (EX-101.SCH) — 4KB
- aptv-20240131_def.xml (EX-101.DEF) — 10KB
- aptv-20240131_lab.xml (EX-101.LAB) — 43KB
- aptv-20240131_pre.xml (EX-101.PRE) — 23KB
- aptv-20240131_htm.xml (XML) — 9KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On January 31, 2024, Aptiv PLC (the "Company") issued a press release reporting its financial results for the fourth quarter and year ended December 31, 2023. A copy of the press release is attached as an exhibit and is incorporated herein by reference. The press release and teleconference visual presentation are available on the Company's website at aptiv.com . The information in this Item 2.02 and Item 9.01, including Exhibit 99.1 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933 or the Exchange Act.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Press Release Dated January 31, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 31, 2024 APTIV PLC By: /s/ Joseph R. Massaro Joseph R. Massaro Chief Financial Officer and Senior Vice President, Business Operations 3 EXHIBIT INDEX Exhibit Number Description 99.1 Press Release Dated January 31 , 202 4 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 4