Sensata Technologies to use new note proceeds to redeem 4 7/8% notes

By Mary-Katherine Stinson

Lexington, Ky., Aug. 15 – Sensata Technologies Inc. intends to use the net proceeds from its indirect wholly owned subsidiary Sensata Technologies BV’s proposed offering of new senior notes for the redemption of its 4 7/8% senior notes due 2023, according to a press release Monday.

Sensata is a producer of sensors and controls for manufacturers in the automotive, appliance, aircraft, industrial and HVAC markets.

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