Aptiv PLC Files 8-K on Material Definitive Agreement
Ticker: APTV · Form: 8-K · Filed: Dec 19, 2024 · CIK: 1521332
Sentiment: neutral
Topics: debt, financing, material-definitive-agreement
TL;DR
Aptiv just filed an 8-K detailing a material definitive agreement, likely related to their various senior notes.
AI Summary
On December 19, 2024, Aptiv PLC entered into a material definitive agreement related to its financial instruments. The filing details various senior notes with different interest rates and maturity dates, including Euro-denominated notes due in 2028 and 2036, and USD-denominated notes maturing between 2029 and 2054.
Why It Matters
This filing provides transparency into Aptiv's debt structure and financing arrangements, which can impact its financial leverage and future investment capacity.
Risk Assessment
Risk Level: low — The filing is a standard 8-K reporting a material definitive agreement, which is routine for a publicly traded company and does not indicate immediate operational or financial distress.
Key Numbers
- 1.600% — Euro-denominated Senior Notes (Due 2028)
- 4.350% — Senior Notes (Due 2029)
- 4.650% — Senior Notes (Due 2029)
- 3.250% — Senior Notes (Due 2032)
- 5.150% — Senior Notes (Due 2034)
- 4.250% — Euro-denominated Senior Notes (Due 2036)
- 4.400% — Senior Notes (Due 2046)
- 5.400% — Senior Notes (Due 2049)
Key Players & Entities
- Aptiv PLC (company) — Filer of the 8-K
- Delphi Automotive PLC (company) — Former name of Aptiv PLC
- 2024-12-19 (date) — Date of filing and report period
FAQ
What specific material definitive agreement did Aptiv PLC enter into on December 19, 2024?
The filing indicates a material definitive agreement was entered into, but the specific details of the agreement are not fully elaborated in the provided text, beyond its relation to financial instruments and senior notes.
What are the different types of senior notes mentioned in the filing?
The filing mentions various senior notes, including Euro-denominated senior notes with rates of 1.600% (due 2028) and 4.250% (due 2036), and USD-denominated senior notes with rates ranging from 3.100% (due 2051) to 5.750% (due 2054) and maturities in 2029, 2032, 2034, 2046, and 2049.
What was Aptiv PLC's former company name?
Aptiv PLC's former company name was Delphi Automotive PLC, with a date of name change on May 20, 2011.
What is Aptiv PLC's fiscal year end?
Aptiv PLC's fiscal year end is December 31.
What is the SIC code for Aptiv PLC?
The Standard Industrial Classification (SIC) code for Aptiv PLC is 3714, which corresponds to MOTOR VEHICLE PARTS & ACCESSORIES.
Filing Stats: 1,149 words · 5 min read · ~4 pages · Grade level 12.6 · Accepted 2024-12-19 16:15:31
Key Financial Figures
- $0.01 — e on which registered Ordinary Shares, $0.01 par value per share APTV New York S
- $300 million — Euro-denominated Senior Notes due 2028, $300 million principal amount of 4.35% Senior Notes
- $550 million — amount of 4.35% Senior Notes due 2029, $550 million principal amount of 4.65% Senior Notes
- $800 million — amount of 4.65% Senior Notes due 2029, $800 million principal amount of 3.25% Senior Notes
- $350 million — amount of 4.40% Senior Notes due 2046, $350 million principal amount of 5.40% Senior Notes
- $1,500 million — amount of 5.40% Senior Notes due 2049, $1,500 million principal amount of 3.10% Senior Notes
- $1,000 million — amount of 3.10% Senior Notes due 2051, $1,000 million principal amount of 4.15% Senior Notes
- $500 million — oldings with respect to the outstanding $500 million principal amount of 6.875% Fixed-to-Fix
Filing Documents
- d904504d8k.htm (8-K) — 47KB
- d904504dex41.htm (EX-4.1) — 24KB
- d904504dex42.htm (EX-4.2) — 21KB
- 0001193125-24-282021.txt ( ) — 326KB
- aptv-20241219.xsd (EX-101.SCH) — 6KB
- aptv-20241219_def.xml (EX-101.DEF) — 17KB
- aptv-20241219_lab.xml (EX-101.LAB) — 31KB
- aptv-20241219_pre.xml (EX-101.PRE) — 19KB
- d904504d8k_htm.xml (XML) — 19KB
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: December 19, 2024 APTIV PLC By: /s/ Katherine H. Ramundo Katherine H. Ramundo Executive Vice President, Chief Legal Officer, Chief Compliance Officer and Secretary 3