Sensata Technologies to repay some term loans with note proceeds

By Marisa Wong

Los Angeles, Sept. 10 – Sensata Technologies Holding plc said it intends to repay a portion of its outstanding term loan under its senior credit facilities using proceeds from an offering of notes.

The company announced on Tuesday that it plans to offer $450 million of senior notes due 2030 through subsidiary Sensata Technologies, Inc.

Based in Attleboro, Mass., Sensata designs, manufactures and distributes sensors and electronic controls.

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