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| Exchange Disseminated Time | | Motherson Sumi Systems Ltd has informed BSE that Samvardhana Motherson Automotive Systems Group B.V., Netherlands (SMRP, BV), Company’s subsidiary and joint venture with Samvardhana Motherson International Limited for Samvardhana Motherson Reflectec (SMR) and Samvardhana Motherson Peguform (SMP) has announced an offering of € 500,000,000 new Senior Secured Notes, proceeds of which shall be utilized for prepayment of existing borrowings as well for general corporate purposes including financing of capital expenditure. The proposed offering does not involve any corporate guarantee from the parent. |
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