Arthur Cox advises Aptiv PLC on its Concurrent Ordinary Shares and Mandatory Convertible Preferred Shares Offerings
Arthur Cox was delighted to have advised Aptiv PLC in relation to its concurrent $1.1 billion SEC-registered offering of 15,149,519 ordinary shares (which included 1,976,024 ordinary shares that the underwriters purchased pursuant to their option to purchase additional shares) and with a $1.1 billion SEC-registered offering of 11,500,000 mandatory convertible preferred shares (which included 1,500,000 mandatory convertible preferred shares that the underwriters purchased pursuant to their option to purchase additional shares to cover over-allotments).
Aptiv is a global technology company with more than 160,000 people across 126 manufacturing facilities and 12 major technical centres worldwide. Aptiv develops safer, greener and more connected solutions enabling the future of mobility.
The Arthur Cox team advising on this matter was Fintan Clancy (Partner, Tax), Orlaith Kane (Associate, Tax), Nicola Cavey (Associate, Tax) and Conor McCarthy (Partner, Corporate and M&A).