
TRW Inc., founded in 1901 and headquartered in Livonia, Michigan, is a leading global supplier of automotive components and systems. The company specializes in advanced technology solutions for safety and performance, including braking systems, steering systems, and electronic devices that enhance vehicle operation.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
NOC 7.75% 2029-06-01 USDTRW Inc. | United States | 2029-06-01 | 7.750 | 4.75 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Historically, TRW Inc. began issuing bonds in the mid-20th century, with notable issuances aimed at financing its ambitious expansion strategies. In recent years, the company issued a $500 million bond in 2020 to refinance existing debt and support innovation in autonomous driving technologies. Currently, TRW's bonds offer competitive yields compared to industry standards, reflecting their strong credit ratings and stable financial position. Noteworthy is their 2021 green bond issuance, which marked a significant commitment to sustainability, aligning with the automotive industry's shift toward electrification.