TRW Automotive Holdings Corp. (TRW) announced that its subsidiary, TRW Automotive Inc., has completed private offering of 3.50% exchangeable senior notes due 2015. The company stated that the underwriters fully exercised their option to purchase additional notes to cover over-allotments, resulting in a total sale of $259 million in aggregate principal amount of Notes. The company estimates that the net proceeds from the offering will be approximately $251 million after deducting initial purchasers' discounts and estimated offering expenses.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.