UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) February 25, 2013
TRW Automotive Holdings Corp.
(Exact Name of Registrant as Specified in Its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
001-31970 |
|
81-0597059 |
(Commission File Number) |
|
(IRS Employer Identification No.) |
12001 Tech Center Drive, Livonia, Michigan |
|
48150 |
(Address of Principal Executive Offices) |
|
(Zip Code) |
Registrants Telephone Number, Including Area Code (734) 855-2600
Not applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 8.01. OTHER EVENTS.
On February 25, 2013, TRW Automotive Holdings Corp. issued a press release announcing that its subsidiary, TRW Automotive Inc., had finalized the terms of its private offering of $400 million in aggregate principal amount of senior notes due 2021, pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended.
The text of the press release, which is attached hereto as Exhibit 99.1, is incorporated herein in its entirety.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits.
Exhibit No. |
|
Description |
|
|
|
99.1 |
|
Press Release of TRW Automotive Holdings Corp. dated February 25, 2013 |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
TRW AUTOMOTIVE HOLDINGS CORP. | |
|
|
|
|
|
|
Dated: February 25, 2013 |
By: |
/s/ Joseph S. Cantie |
|
|
Joseph S. Cantie |
|
|
Executive Vice President and Chief |
|
|
Financial Officer |
Exhibit 99.1
News Release |
TRW Automotive |
|
|
12001 Tech Center Drive | |
|
Livonia, MI 48150 |
|
|
|
|
|
Investor Relations Contact: | |
|
Mark Oswald |
|
|
(734) 855-3140 |
|
|
|
|
|
Media Contact: | |
|
John Wilkerson |
|
|
(734) 855-3864 |
|
TRW Announces Pricing of Senior Unsecured Notes
LIVONIA, MICHIGAN, February 25, 2013 TRW Automotive Holdings Corp. (NYSE: TRW), today announced that its wholly-owned subsidiary, TRW Automotive Inc. (TAI), has priced its previously announced offering of $400 million in aggregate principal amount of senior unsecured notes due 2021 (the Notes). The Notes will have an interest rate of 4.50% and will be issued at a price equal to 100% of their face value. The closing is expected to occur on February 28, 2013, subject to customary closing conditions. TAI intends to use the net proceeds from the offering for general corporate purposes.
The Notes will be offered to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the Securities Act), and to non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act.
The Notes have not been and will not be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration under the Securities Act or an applicable exemption from the registration requirements of the Securities Act.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities nor shall there be any sale of any securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
About TRW
With 2012 sales of $16.4 billion, TRW Automotive ranks among the worlds leading automotive suppliers. Headquartered in Livonia, Michigan, USA, the Company, through its subsidiaries, operates in 25 countries and employs approximately 65,000 people worldwide. TRW Automotive products include integrated vehicle control and driver assist systems, braking systems, steering systems, suspension systems, occupant safety systems (seat belts and airbags), electronics, engine components, fastening systems and aftermarket replacement parts and services. All references to TRW Automotive, TRW or the Company in this press release refer to TRW Automotive Holdings Corp. and its subsidiaries, unless otherwise indicated.
Forward-Looking Statements
This release contains statements that are not statements of historical fact, but instead are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. We caution readers not to place undue reliance on these statements, which speak only as of the date hereof. All forward-looking statements are subject to numerous assumptions, risks and uncertainties which could cause our actual results to differ materially from those suggested by the forward-looking statements, including those set forth in our Annual Report on Form 10-K for the fiscal year ended December 31, 2012 (our Form 10-K) such as: any developments related to antitrust investigations adversely affecting our financial condition, results, cash flows or reputation; economic conditions adversely affecting our business, results or the viability of our supply base; the unsuccessful implementation of our current expansion efforts adversely impacting our business or results; any shortage of supplies causing a production disruption for any customers or us; strengthening of the U.S. dollar and other foreign currency exchange rate fluctuations impacting our results; risks associated with non-U.S. operations, including economic and political uncertainty in some regions, adversely affecting our business, results or financial condition; any inability to protect our intellectual property rights adversely affecting our business or our competitive position; the loss of any of our largest customers materially adversely affecting us; commodity inflationary pressures adversely affecting our profitability or supply base; pricing pressures from our customers adversely affecting our profitability; costs of product liability, warranty and recall claims and efforts by customers to adversely alter contract terms and conditions concerning warranty and recall participation; costs or adverse effects on our business, reputation and results from governmental regulations; costs or liabilities relating to environmental, health and safety regulations adversely affecting our results; any increase in the expense of our pension and other postretirement benefits or the funding requirements of our pension plans reducing our profitability; work stoppages or other labor issues at our facilities or at the facilities of our customers or those in our supply chain adversely affecting our business or results; any disruption in our information technology systems adversely impacting our business and operations; any impairment of a significant amount of our goodwill or other intangible assets; and other risks and uncertainties set forth in our Form 10-K and in our other filings with the U.S. Securities and Exchange Commission. We do not undertake any obligation to release publicly any update or revision to any of the forward-looking statements.
# # #
0
M(]NTESCPU*K_^%IF.%8C8*6&O<*5FO*4Y-.H4T.LO%EI7;M$6:M%.Z<`/-:UTRNQMOQJ[#>([*N(HLL
MD,CPDG+/6O=LTB4I\L95\CW_(+")%-!F1,H66\3,5LM2;$'*6@>TG&@2]Q!:
M],C_++UR1O;,K!$"TB:!\ZG:SK6Q2XAYQ&VF;SVQM6UD"4BO1UG.U.ZQ\&Y4
MZJK_)`R`%$T;FZC.=@,P:T:I(O\JA=S'QEHJS1JA:S?A_^0-`.$?IVDP`$?)
MO?<_'Y>Z[+UHR_06L1G5FM+8A(DFW=ES<0Y3QS0SS%:I(,%+L^'&TDUYJ8_'
MFU'E=N-^<.*)!LWPVG9GQ/#C1ZE>JM"]E^3P4]J]M#QHZNWXA4L7![4UZ5/9
M6Y+@KZK^3]\'LQ[7[(@.?3+#X.?,.Z*S`@Y`E/""_/'>C<=E#_>*@L3]WK#S
MG6C.L(-;_S;2-8^`;B4%G,K72L*:1X7..1O!7D-J]!)UP>UH&OD8W/"G$?$)
MI'[?^Y]`."B0MPE$;K);'\A@5RVYJ>\?CR/<`/\!+Y"HSG!)*(F