Aptiv enters $2 billion amended credit agreement with JPMorgan as administrative agent
On March 31, 2025, Aptiv and certain subsidiaries entered into an Amended and Restated Credit Agreement with JPMorgan Chase Bank as administrative agent, providing up to $2 billion in a U.S. dollar tranche and a global revolving tranche. The filing says the agreement replaces an earlier credit agreement dated August 17, 2016, as amended in 2021 and 2023, and that the company has no material relationships with the lenders beyond underwriting and share repurchase facilitation. The filing does not state pricing, maturity or amounts drawn, and the financing is a debt facility that shareholders should weigh against its covenants and default terms.
Key points
- Credit Agreement dated March 31, 2025 provides up to $2,000 million in aggregate principal
- Includes a U.S. Dollar tranche and a global revolving tranche in global currencies
- Amends and restates the Third Amended and Restated Credit Agreement dated August 17, 2016, as amended in 2021 and April 19, 2023
- Event of default could make outstanding principal and accrued interest immediately due and payable
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing 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 March 31, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.