FORVIA 24/29FORVIA 24/29FORVIA 24/29

FORVIA 24/29

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XS277439158 analysis



Key facts


Issuer
Issue date
Mar 11, 2024
Maturity date
Jun 15, 2029
Outstanding amount
‪500.00 M‬EUR
Face value
1,000.00EUR
Minimum denomination
100,000.00EUR
Coupon
5.13% (Fixed)
Yield to maturity
4.92%
Forvia SE is a holding company, which engages in the manufacturing and supply of automotive components. It operates through the following segments: Seating, Interiors, Clean Mobility and Clarion Electronics. The Seating segment designs and manufactures complete vehicle seats, seating frames and adjustment mechanisms. The Interiors segment engages in designing, manufacture and assembly of instrument panels and complete cockpits, door panels and modules. The Clean Mobility segment designs and manufactures exhaust systems, solutions for fuel cell electric vehicles, and aftertreatment solutions for commercial vehicles. The Clarion Electronics segment designs and manufactures display technologies, driver assistance systems and cockpit electronic. The company was founded on July 1, 1929 and is headquartered in Nanterre, France.
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