IFLR1000

BorgWarner $1 billion note offer

6/11/2015
Investment grade bond/note issue
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$ 1 billion

Completed

6/11/2015

Overview:

  • BorgWarner issued $500 million of 3.375% senior notes due 2025 and $500 million of 4.375% senior notes due 2045.
  • Deutsche Bank Securities, Merrill Lynch Pierce Fenner & Smith and Wells Fargo Securities acted as joint book-running managers. 

Rani Mehta - Journalist 

 

Jurisdiction:

United States

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Industry sector:

Automotive

Firms:
Mayer Brown

Party: Deutsche Bank Securities (Underwriter)

Party: Merrill Lynch Pierce Fenner & Smith (Underwriter)

Party: Wells Fargo Securities (Underwriter)

Sidley Austin

Party: BorgWarner (Issuer)

Lawyer: Edward Petrosky

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