Delphi Automotive PLC Announces Pricing Of Senior Notes Offering

GILLINGHAM, England--()--Delphi Automotive PLC (NYSE: DLPH), a leading global supplier of technologies for the automotive and commercial vehicle markets, today announced it priced €700 million aggregate principal amount of its 1.50% senior notes due 2025 (the “Notes”). The Notes will be issued at a price of 99.54% of their principal amount. Proceeds from the Notes will be used to repay $500 million of Delphi Corporation’s outstanding senior notes due 2021 and to fund future growth initiatives such as acquisitions, and share repurchases.

Deutsche Bank AG, London Branch, Merrill Lynch International and J.P. Morgan Securities plc are joint book-running managers for the offering of the Notes.

The offering of the Notes is made only by means of a prospectus. Copies may be obtained by contacting (1) Deutsche Bank AG, London Branch at synops@list.db.com, (2) Merrill Lynch International toll-free at 1-800-294-1322 or (3) J.P. Morgan Securities plc collect at +44-20-7134-2468. The Notes are being offered pursuant to an effective shelf registration statement filed with the U.S. Securities and Exchange Commission on December 19, 2012.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the Notes, nor will there be any sale of the Notes in any jurisdiction in which such offer, solicitation, or sale would be unlawful. Any offer, solicitation, or sale of the Notes will be made only by means of the prospectus supplement and the accompanying prospectus.

Relevant stabilization regulations including FCA / ICMA apply.

About Delphi

Delphi Automotive PLC (NYSE: DLPH) is a leading global supplier of technologies for the automotive and commercial vehicle markets. Headquartered in Gillingham, U.K., Delphi operates major technical centers, manufacturing sites and customer support services in 33 countries. Delphi delivers innovation for the real world with technologies that make cars and trucks smarter and safer as well as more powerful and efficient.

FORWARD-LOOKING STATEMENTS

This press release, as well as other statements made by Delphi Automotive PLC (the “Company”), contain forward-looking statements that reflect, when made, the Company's current views with respect to current events, the proposed notes offering and the redemption of Delphi Corporation’s outstanding senior notes due 2021. Such forward-looking statements are subject to many risks, uncertainties and factors relating to the Company's operations and business environment as well as market conditions, which may cause the actual results of the Company to be materially different from any future results, express or implied, by such forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements are discussed under the captions “Risk Factors” and “Management's Discussion and Analysis of Financial Condition and Results of Operations” in the Company's filings with the Securities and Exchange Commission. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events and/or otherwise, except as may be required by law.

Contacts

Delphi Automotive
Investor Contact:
Jessica Holscott
248.813.2312
Jessica.Holscott@delphi.com
Media Contact:
Claudia Tapia
248.813.1507
Claudia.Tapia@delphi.com

Contacts

Delphi Automotive
Investor Contact:
Jessica Holscott
248.813.2312
Jessica.Holscott@delphi.com
Media Contact:
Claudia Tapia
248.813.1507
Claudia.Tapia@delphi.com