PHINIA INC. Files 8-K Report

TL;DR

PHINIA INC. filed a routine 8-K, no major news.

AI Summary

On September 10, 2024, PHINIA INC. filed an 8-K report detailing an "Other Event." The filing does not contain specific financial figures or significant business updates beyond the standard reporting of an event.

Why It Matters

This filing indicates PHINIA INC. has reported an event to the SEC, which is a standard regulatory requirement for public companies.

Risk Assessment

Risk Level: low — The filing is a standard 8-K report without any disclosed material events, financial changes, or executive actions.

Key Players & Entities

• PHINIA INC. (company) — Registrant
• Delaware (jurisdiction) — State of incorporation
• Auburn Hills, Michigan (location) — Principal executive offices

FAQ

Key Financial Figures

• $0.01 — ich registered Common Stock, par value $0.01 per share PHIN New York Stock Excha
• $450 million — a private offering (the "Offering") of $450 million aggregate principal amount of unsecured
• $400 million — e previously announced Offering size of $400 million aggregate principal amount of notes. Th

Filing Documents

• ef20035685_8k.htm (8-K) — 33KB
• ef20035685_ex99-1.htm (EX-99.1) — 12KB
• ef20035685_ex99-2.htm (EX-99.2) — 13KB
• image0.jpg (GRAPHIC) — 9KB
• 0001140361-24-040760.txt ( ) — 212KB
• phin-20240910.xsd (EX-101.SCH) — 4KB
• phin-20240910_lab.xml (EX-101.LAB) — 21KB
• phin-20240910_pre.xml (EX-101.PRE) — 16KB
• ef20035685_8k_htm.xml (XML) — 4KB

01

Item 8.01. Other Events. On September 10, 2024, PHINIA Inc. (the "Company") announced the commencement and subsequent pricing of a private offering (the "Offering") of $450 million aggregate principal amount of unsecured 6.625% senior notes due 2032 (the "notes"). The aggregate principal amount of the Offering of the notes was increased from the previously announced Offering size of $400 million aggregate principal amount of notes. The notes will be sold to investors at 100.00% plus accrued interest, if any, from September 17, 2024. The closing of the Offering of the notes is expected to occur on or about September 17, 2024, subject to customary closing conditions. The Company intends to use the net proceeds of the Offering to repay all of its outstanding borrowings under its term loan A facility, to pay fees and expenses in connection with the Offering, and for general corporate purposes. Pursuant to Rule 135c under the Securities Act of 1933, as amended (the "Securities Act"), the Company is filing herewith the press releases issued on September 10, 2024 as Exhibits 99.1 and 99.2 hereto. Such press releases are incorporated herein by reference. The notes have not been and will not be registered under the Securities Act or any state securities laws, and may not be offered or sold in the United the notes in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

Financial Statements and Exhibits

Financial Statements and Exhibits. Exhibit Number Description 99.1 Press Release of PHINIA Inc. dated September 10, 2024 99.2 Press Release of PHINIA Inc. dated September 10, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

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. PHINIA Inc. Date: September 10, 2024 By: /s/ Robert Boyle Name: Robert Boyle Title: Vice President, General Counsel and Secretary

View Full Filing

View this 8-K filing on SEC EDGAR