Lear Corporation 5.25% 15-MAY-2049Lear Corporation 5.25% 15-MAY-2049Lear Corporation 5.25% 15-MAY-2049

Lear Corporation 5.25% 15-MAY-2049

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LEA4828053 analysis



Key facts


Issue date
May 1, 2019
Maturity date
May 15, 2049
Outstanding amount
‪625.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
5.25% (Fixed)
Yield to maturity
6.73%
Lear Corp. engages in the design, manufacture and supply of automotive seats, electrical distribution systems and electronic modules, as well as related sub-systems, components, and software. It operates through the following segments: Seating and E-Systems. The Seating segment consists of the design, engineering, just-in-time assembly and delivery of complete seat systems, as well as the manufacture of all major seat components, including seat covers and surface materials such as leather and fabric, seat structures and mechanisms, seat foam and headrests. The E-System segment engages in the design, development, engineering and manufacture of electrical distribution systems, as well as electronic control modules, electrification products, connectivity products and software solutions for the cloud, vehicles and mobile devices. The company was founded in 1917 and is headquartered in Southfield, MI.
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