Reuters logo
BRIEF-Motherson Sumi Systems unit prices EUR 300 mln non-call life senior notes due July 2024
June 30, 2017 / 3:36 AM / in 5 months

BRIEF-Motherson Sumi Systems unit prices EUR 300 mln non-call life senior notes due July 2024

June 30 (Reuters) - Motherson Sumi Systems Ltd

* Samvardhana Motherson Automotive Systems Group prices new EUR 300 million 7-year (due July 2024) non-call life senior secured notes offering 1.800%

* Proceeds from issuance along with EUR 200 million of cash balance of unit will be used to refinance existing 4.125 percent EUR 2021 notes Source text - (bit.ly/2u509GQ) Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below