Aptiv PLC Files 8-K on Debt Obligations
Ticker: APTV · Form: 8-K · Filed: Aug 2, 2024 · CIK: 1521332
Sentiment: neutral
Topics: debt, financing, material-agreement
Related Tickers: APTV
TL;DR
Aptiv just filed an 8-K detailing its various senior notes due dates - check for any new debt agreements.
AI Summary
On August 1, 2024, Aptiv PLC entered into a material definitive agreement related to its existing debt obligations. This filing specifically details various series of senior notes, including those due in 2025, 2028, 2029, 2032, 2036, 2046, 2049, and 2051, indicating potential refinancing or covenant updates.
Why It Matters
This filing provides insight into Aptiv's current debt structure and any potential changes or agreements related to its financial obligations, which can impact investor confidence and credit ratings.
Risk Assessment
Risk Level: low — The filing primarily concerns existing debt instruments and does not appear to announce any new, significant, or unexpected financial events.
Key Players & Entities
- Aptiv PLC (company) — Filer
- 2025 (date) — Senior Notes Due Date
- 2028 (date) — Senior Notes Due Date
- 2029 (date) — Senior Notes Due Date
- 2032 (date) — Senior Notes Due Date
- 2036 (date) — Senior Notes Due Date
- 2046 (date) — Senior Notes Due Date
- 2049 (date) — Senior Notes Due Date
- 2051 (date) — Senior Notes Due Date
FAQ
What specific material definitive agreement did Aptiv PLC enter into on August 1, 2024?
The filing indicates Aptiv PLC entered into agreements related to its existing debt obligations, specifically detailing various series of senior notes with different maturity dates.
Which series of senior notes are mentioned in the 8-K filing?
The filing mentions senior notes due in 2025, 2028, 2029, 2032, 2036, 2046, 2049, and 2051.
What is the primary purpose of this 8-K filing for Aptiv PLC?
The primary purpose is to report the entry into a material definitive agreement and the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement related to its debt.
Does this filing indicate any new debt issuance by Aptiv PLC?
The filing focuses on existing senior notes and agreements related to them, rather than announcing new debt issuances.
What is the significance of the 'Former Company' information provided?
The 'Former Company' information indicates that Aptiv PLC was formerly known as Delphi Automotive PLC, with a name change date of May 20, 2011.
Filing Stats: 1,968 words · 8 min read · ~7 pages · Grade level 13.3 · Accepted 2024-08-02 16:29:35
Key Financial Figures
- $0.01 — on which registered Ordinary Shares, $0.01 par value per share APTV New York S
- $3.0 billion — s") to repurchase an aggregate of up to $3.0 billion of the Company's ordinary shares, par v
- $2.5 billion — ct to the ASR Agreements, approximately $2.5 billion will remain available for share repurch
- $2,500 million — of its subsidiaries entered into a new $2,500 million senior unsecured bridge facility pursua
Filing Documents
- d874968d8k.htm (8-K) — 50KB
- d874968dex101.htm (EX-10.1) — 288KB
- d874968dex102.htm (EX-10.2) — 271KB
- d874968dex103.htm (EX-10.3) — 558KB
- 0001193125-24-192916.txt ( ) — 1640KB
- aptv-20240801.xsd (EX-101.SCH) — 5KB
- aptv-20240801_def.xml (EX-101.DEF) — 17KB
- aptv-20240801_lab.xml (EX-101.LAB) — 30KB
- aptv-20240801_pre.xml (EX-101.PRE) — 18KB
- d874968d8k_htm.xml (XML) — 16KB
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: August 2, 2024 APTIV PLC By: /s/ Katherine H. Ramundo Katherine H. Ramundo Executive Vice President, Chief Legal Officer, Chief Compliance Officer and Secretary