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Delphi Corporation Announces Proposed Offering of Senior Notes

February 25, 2014

ENP Newswire - 25 February 2014

Release date- 24022014 - GILLINGHAM, England - Delphi Corporation ('Delphi' or the 'issuer'), a subsidiary of Delphi Automotive PLC (NYSE: DLPH), announced today that it intends to offer, subject to market and other considerations, $500 million in aggregate principal amount of Senior Notes due 2024 (the 'Notes').

Delphi expects to use the net proceeds for general corporate purposes, including to repay its existing $500 million Senior Notes due 2019 (the '2019 Notes') and to pay related premiums, fees and expenses. Delphi intends to redeem the 2019 Notes on March 26, 2014 (subject to completion of the proposed offering).

J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Deutsche Bank Securities Inc. and Goldman, Sachs & Co. are joint book-running managers for the offering.

The offering of these securities is made only by means of a prospectus. Copies may be obtained by contacting (1) J.P. Morgan Securities LLC at 383 Madison Avenue, New York, New York 10179, Attention: Investment Grade Syndicate Desk, 3rd Floor, Telephone: (212) 834-4533, (2) Merrill Lynch, Pierce, Fenner & Smith Incorporated at 222 Broadway, New York, New York 10038, Attention: Prospectus Department, Email: or (3) Deutsche Bank Securities Inc. at 60 Wall Street, New York, New York 10005-2836, Attention: Prospectus Group, Email:, Telephone: (800) 503-4611. The Notes are being offered pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission on December 19, 2012.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the Notes, nor will there be any sale of the Notes in any jurisdiction in which such offer, solicitation, or sale would be unlawful. Any offer, solicitation, or sale of the Notes will be made only by means of the prospectus supplement and the accompanying prospectus.

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Source: ENP Newswire

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