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TRW Automotive to offer $225M in senior notes
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LIVONIA, 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 notes to cover any over-allotments.
Proceeds will be used to pay down debt and for general corporate purposes.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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