Welcome to our dedicated page for Garrett Motion news (Ticker: GTX), a resource for investors and traders seeking the latest updates and insights on Garrett Motion stock.
Garrett Motion Inc. reports developments in turbocharging, electric-boosting and thermal-management technologies for automotive, commercial vehicle and industrial applications. News commonly covers quarterly results and outlook, light-vehicle and commercial-vehicle program awards, E-Powertrain and E-Cooling wins, and product activity around oil-free centrifugal compressors for battery energy storage, data-center, HVAC and electric commercial-vehicle cooling systems.
The company also issues updates on capital allocation, including dividends and share repurchases, as well as technology presentations tied to its Turbo, Zero-Emission Vehicle and Industrial portfolios.
Garrett Motion (Nasdaq: GTX), a leader in automotive technology, announced plans to release its Q2 2024 financial results on July 25, 2024, before market opening. The company will also host a conference call at 8:30 am EDT / 2:30 pm CET on the same day. Interested parties can join the call via provided phone numbers or through the webcast available on Garrett's investor relations website. A replay will be accessible post-event. Garrett Motion specializes in turbocharging and transformative vehicle technologies, aiming to reduce emissions and promote zero-emission vehicles. The company operates five R&D centers and 13 manufacturing sites globally.
Garrett Motion Inc. announced the pricing of an offering of $800 million of senior unsecured notes due 2032. The notes will be guaranteed by the Company's subsidiaries and will be used to repay existing debt and related expenses. The Offering size was increased from $500 million to $800 million. The notes are being sold to qualified institutional buyers and certain non-U.S. persons.
Garrett Motion Inc. announced a proposed private offering of $500 million of senior notes due 2032 through its subsidiaries. The offering aims to repay term loan indebtedness and related fees and expenses. The notes are guaranteed by the Company and its subsidiaries and are offered to qualified institutional buyers and non-U.S. persons.
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