Visteon Corporation (NYSE: VC) today announced a public offering of $1.2 billion of global notes. The transaction was priced today and is expected to close on Thursday, August 3, 2000. The notes have been offered in two maturities: August 1, 2005 and August 1, 2010. There are $500 million of the 2005 series, which will have a coupon of 7.95 percent and was offered at a slight discount to the face amount, indicating a yield to maturity of 7.98 percent. The 2010 series, of which there are $700 million, will have a coupon of 8.25 percent and were also offered at a slight discount, indicating a yield of 8.27 percent.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable
Only on
15-year fitment forecasts for 20 automotive component sectors including:
Vehicles and markets • Connected vehicle technologies • Electrified vehicles • Lightweighting • Chassis and safety • Active and passive safety • Electronic braking systems • Foundation braking systems • Shock absorbers • Steering systems • Interiors • Door modules • Heating, ventilation and air-cooling • Seating systems • Exteriors and materials • Glazing systems • Roof systems • Powertrain and transmission • 4WD and AWD • Engine technologies • Transmission and clutch • Turbochargers • Electrics and electronics • Battery technologies • Electric motors • Lighting - plus OEM and supplier company profiles and extended automotive news.
