BorgWarner Inc. announced cash tender offers for its outstanding senior notes on August 10, 2026. The company will purchase all $120.7 million of its 7.125% Senior Notes due 2029 and up to $720 million in aggregate principal amount of other series, including the 4.375% Notes due 2045, 5.400% Notes due 2034, 4.950% Notes due 2029, and 2.650% Notes due 2027. The offers expire on August 14, 2026, with settlement expected by August 18, 2026. Additionally, BorgWarner intends to redeem any remaining 7.125% Notes at a make-whole price plus accrued interest on September 9, 2026. This debt repurchase activity is part of the company's balanced capital allocation strategy aimed at growing long-term earnings. BorgWarner Inc. operates in the automotive industry as a global supplier of powertrain and electrification technologies.
