BorgWarner Inc. Files 8-K Report
Ticker: BWA · Form: 8-K · Filed: Aug 7, 2024 · CIK: 908255
| Field | Detail |
|---|---|
| Company | Borgwarner INC (BWA) |
| Form Type | 8-K |
| Filed Date | Aug 7, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $1,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: filing, regulation-fd, financial-reporting
Related Tickers: BWA
TL;DR
BorgWarner filed a routine 8-K on Aug 7, 2024, no major news.
AI Summary
On August 7, 2024, BorgWarner Inc. filed an 8-K report to disclose information regarding Regulation FD and financial statements. The filing does not contain specific financial figures or material events beyond the standard reporting requirements for this form.
Why It Matters
This filing serves as a standard disclosure for BorgWarner Inc., informing the public about regulatory and financial reporting updates.
Risk Assessment
Risk Level: low — The filing is a routine 8-K report and does not contain any new material information that would indicate a change in risk.
Key Players & Entities
- BORGWARNER INC. (company) — Registrant
- August 7, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 1-12162 (filing_id) — Commission File Number
- 13-3404508 (tax_id) — I.R.S. Employer Identification No.
- 3850 Hamlin Road (address) — Principal executive offices street
- Auburn Hills (city) — Principal executive offices city
- Michigan (state) — Principal executive offices state
- 48326 (zip_code) — Principal executive offices zip code
FAQ
What is the primary purpose of this 8-K filing by BorgWarner Inc.?
The primary purpose of this 8-K filing is to report information under Regulation FD Disclosure and to include Financial Statements and Exhibits.
On what date was this 8-K report filed or made effective?
The report was filed as of August 7, 2024, and the date of the earliest event reported is also August 7, 2024.
In which U.S. state is BorgWarner Inc. incorporated?
BorgWarner Inc. is incorporated in Delaware.
What is BorgWarner Inc.'s principal executive office address?
The principal executive offices are located at 3850 Hamlin Road, Auburn Hills, Michigan 48326.
Does this filing indicate any specific new financial results or material events?
This filing is a current report primarily for Regulation FD disclosure and financial statements/exhibits, and does not detail specific new financial results or material events within the provided text.
Filing Stats: 713 words · 3 min read · ~2 pages · Grade level 9.4 · Accepted 2024-08-07 10:41:13
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share BWA New York Stock Exchan
- $1,000 — he Company. The consideration for each $1,000 principal amount of Notes of a series v
Filing Documents
- tm2415069d2_8k.htm (8-K) — 32KB
- tm2415069d2_ex99-1.htm (EX-99.1) — 20KB
- 0001104659-24-086625.txt ( ) — 271KB
- bwa-20240807.xsd (EX-101.SCH) — 3KB
- bwa-20240807_def.xml (EX-101.DEF) — 26KB
- bwa-20240807_lab.xml (EX-101.LAB) — 36KB
- bwa-20240807_pre.xml (EX-101.PRE) — 25KB
- tm2415069d2_8k_htm.xml (XML) — 5KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure On August 7, 2024, BorgWarner Inc. ("BorgWarner" or the "Company") issued a press release announcing the Company had commended cash tender offers (each a "Tender Offer" and collectively, the "Tender Offers") for any and all of its outstanding 3.375% Senior Notes due 2025 and 5.000% Senior Notes due 2025 (collectively, the "Notes"). The complete terms of the Tender Offers are set forth in the Offer to Purchase and Notice of Guaranteed Delivery (collectively, the "Tender Offer Documents") that will be sent to the registered holders of the Notes of each series and be posted online at https://www.gbsc-usa.com/borgwarner. The Tender Offers will expire at 5:00 p.m., New York City time, on August 13, 2024 (such time and date, as it may be extended, the "Expiration Time"), unless extended or earlier terminated by the Company. The consideration for each $1,000 principal amount of Notes of a series validly tendered, not validly withdrawn and accepted for purchase pursuant to the applicable Tender Offer will be determined in the manner described in the Tender Offer Documents by reference to the applicable fixed spread plus the applicable yield to maturity on the U.S. Treasury Reference Security based on the bid-side price of the U.S. Treasury Reference Security at 10:00 a.m., New York City time, on August 13, 2024. Holders of Notes will also receive accrued and unpaid interest on their respective Notes validly tendered, not validly withdrawn and accepted for purchase from the last interest payment date of the Notes of the applicable series to, but not including, the date the Company initially makes payment for such Notes, which is expected to be which is expected to be August 16, 2024 (the "Settlement Date"). A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits. The following exhibits are being filed as part of this Report. Exhibit Number Description 99.1 Press Release issued by BorgWarner Inc., dated August 7, 2024. 104.1 The cover page from this Current Report on Form 8-K, formatted as Inline XBRL
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BorgWarner Inc. Date: August 7, 2024 By: /s/ Tonit M. Calaway Name: Tonit M. Calaway Title: Executive Vice President and Secretary