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Mich. — Auto supplier TRW Automotive Inc. said Monday it has completed a previously announced debt offering. The offering was for $250 million in 8.875 percent senior unsecured notes due in 2017...It intends to use about half of the amount to pay back...
Tags: debt offering, TRW Automotive Inc., Livonia, Moody's, GMAC, TRW, Debt, Livonia Michigan, Business Finance
Car parts maker TRW Automotive Holdings Corp. said Wednesday that subsidiary TRW Automotive Inc. priced a previously announced offering of $250 million of senior unsecured notes. The debt is due in 2017 and will have an interest rate of 8.875 percent.
Tags: TRW Automotive Inc., TRW Automotive Holdings Corp., Livonia, Yahoo!, Automotive industry, Livonia Michigan, Blackstone Group, TRW Automotive, TRW, Business Finance
Mich. — Car parts maker TRW Automotive Holdings Corp. said Monday that subsidiary TRW Automotive Inc. will offer $225 million in senior notes due 2015. TRW Automotive Inc. said initial buyers have the option to buy up to an additional $33.8 million in...
Tags: TRW Automotive Inc., senior notes, TRW Automotive Holdings Corp., Seattle, TRW, Automotive industry, LucasVarity, Business Finance, Technology Internet
Fitch Ratings has cut its rating on regional banker Whitney Holding Corp. citing its nonperforming assets, much of them related to Florida real estate. The ratings house said Tuesday that Whitney's long-term issuer default rating had been dropped to BBB...
Tags: Fitch Ratings Inc., India, Whitney Holding Corp., negative outlook, TRW Automotive Inc., TRW Automotive Holdings Corp., ratings agency, BBB, public finances, First Horizon National Corp.