TI Automotive expected to launch $250 million deal during week of Sept. 16

By Paul A. Harris

St. Louis, Mo., Sept. 11 - TI Automotive is expect to launch $250 million of notes during the week of Sept. 16, according to a market source.

JP Morgan and Salomon Smith Barney are the underwriters, the source added.

The company is a global auto parts supplier specializing in fluid transfer, storage and delivery systems. Its European headquarters are in Oxford, U.K. and its North American headquarters are in Warren, Mich.

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