Adient sells $795 million of 7.500% senior notes due 2033 to refinance 4.875% notes
Adient Global Holdings, a wholly-owned subsidiary of Adient plc, entered into an indenture for $795 million of 7.500% senior unsecured notes maturing February 15, 2033. Proceeds, together with cash on hand, will redeem its 4.875% senior unsecured notes in full and pay related fees and expenses. The filing does not state the redeemed notes' total amount or any effect on Adient's earnings, but it adds new debt with a 7.500% coupon in place of 4.875% notes.
Key points
- Notes: $795 million principal, 7.500% coupon, maturing February 15, 2033
- Interest payable semi-annually on February 15 and August 15, starting August 15, 2025
- Proceeds plus cash on hand to redeem 4.875% senior unsecured notes in full
- Early redemption before February 15, 2028 requires a make-whole premium; change of control triggers a 101% repurchase offer
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 03, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.