BorgWarner Prices €500 Million Senior Notes Offering

Auburn Hills, Michigan, November 2, 2015 – BorgWarner today announced that it priced a public offering of €500 million aggregate principal amount of its 1.80% senior notes due 2022.

The company expects that it will receive approximately €494.1 million of net proceeds from the offering after deducting underwriting discounts, commissions and expenses of the offering. The company intends to use the net proceeds for general corporate purposes. The offering is expected to close on November 6, 2015, subject to customary closing conditions.

Deutsche Bank AG, London Branch, HSBC Bank plc, Morgan Stanley & Co. International plc, Merrill Lynch International and Lloyds Bank plc. are serving as joint book-running managers for the offering.

The offering is being made under the company's shelf registration statement filed with the Securities and Exchange Commission and only by means of a prospectus supplement and accompanying prospectus. A copy of the prospectus supplement and accompanying prospectus relating to the offering may be obtained from either:

  • Deutsche Bank, 1 Great Winchester Street, London EC2N 2DB,United Kingdom, Email:[email protected], Telephone: (800) 503-4611;
  • HSBC Bank plc, Telephone: (866) 811-8049;
  • Morgan Stanley & Co. LLC, 180 Varick Street, New York, New York 10014, Attention: Prospectus Department, Telephone: (866) 718-1649; or

Alternatively, the prospectus supplement and accompanying prospectus may be obtained by visiting EDGAR on the SEC Web site

This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor will there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. Stabilization/FCA applies.  

Overlay Title