TENNECO INC-CLASS A (TEN)
US8803491054 - Common Stock
RBC-Led Banks Offer Juicy Yield to Offload Last of Tenneco Debt
A group of lenders led by Royal Bank of Canada launched a roughly $365 million bond sale to offload debt they’ve been stuck with since Apollo Global Management Inc.’s buyout of Tenneco Inc. in 2022.
Banks Lost Big on Apollo Buyout Debt. Interest Eased the Pain
For months on end, Wall Street banks were stuck holding $5.4 billion of debt for Apollo Global Management Inc.’s leveraged buyout of Tenneco Inc. as the Federal Reserve’s rate hikes rattled credit markets — and would-be buyers disappeared.
Solid Power Appoints Two New Directors to the Board, Adding Financial, Human Resources, and Information Technology Expertise
Wall Street’s Hung Debt Swells to $43 Billion as Tenneco Closes
The amount of risky corporate debt stuck on the balance sheets of Wall Street banks this year swelled to nearly $43 billion as Apollo Global Management Inc. completed its leveraged buyout of auto-parts maker Tenneco Inc.
Tenneco sale to Apollo Global completed (NYSE:TEN)
Tenneco Inc.'s (TEN) $20/share sale to Apollo Global(APO) has been completed as of Thursday.As a result of the deal, Tenneco’s (TEN) common stock no longer trades on the New York...
Citi, BofA-Led Banks Prepare to Fund $5.4 Billion Tenneco Debt
A group of banks led by Citigroup Inc. and Bank of America Corp. are preparing to fund about $5.4 billion of debt helping to finance the leveraged buyout of auto-parts maker Tenneco Inc., according to people with knowledge of the matter.
Tenneco extends redemption date for 2024 notes, 2026 notes (NYSE:TEN)
Tenneco (TEN) has extended the date for full redemption of all of its outstanding 5⅜% Senior Notes due 2024 and all of its outstanding 5.0% Senior Notes due 2026 from Nov. 14, 2022 to Nov
Tenneco Announces Extension of Redemption Date for 5⅜% Senior Notes due 2024 and 5.0% Senior Notes due 2026
SKOKIE, Ill., Nov. 10, 2022 /PRNewswire/ -- Tenneco Inc. (NYSE: TEN) ('Tenneco') today announced that it has extended the redemption date for its ...
Tenneco Announces Extension of Redemption Date for 5⅜% Senior Notes due 2024 and 5.0% Senior Notes due 2026
/PRNewswire/ -- Tenneco Inc. (NYSE: TEN) ("Tenneco") today announced that it has extended the redemption date for its previously announced full redemption of...
TENNECO ANNOUNCES EXTENSION OF REDEMPTION DATE FOR 5⅜% SENIOR NOTES DUE 2024 AND 5.0% SENIOR NOTES DUE 2026
SKOKIE, Ill., Nov. 4, 2022 /PRNewswire/ -- Tenneco Inc. (NYSE: TEN) ('Tenneco') today announced that it has extended the redemption date for its p...
TENNECO ANNOUNCES EXTENSION OF REDEMPTION DATE FOR 5⅜% SENIOR NOTES DUE 2024 AND 5.0% SENIOR NOTES DUE 2026
/PRNewswire/ -- Tenneco Inc. (NYSE: TEN) ("Tenneco") today announced that it has extended the redemption date for its previously announced full redemption of...
Wall Street Banks Seize Credit Calm to Sell Risky Corporate Debt
Big banks are trying to sell risky buyout debt again in the US, taking advantage of growing demand from investors that may prove short-lived.
Banks Offer Steep Discounts on Tenneco’s $2.4 Billion LBO Debt Sale
Tenneco Reports Third Quarter 2022 Results
Company expects to close transaction with Apollo Funds in mid-November, 2022SKOKIE, Ill., Oct. 31, 2022 /PRNewswire/ -- Tenneco Inc. (NYSE: TEN) t...
TENNECO TO NAME NEW CHIEF FINANCIAL OFFICER
/PRNewswire/ -- Tenneco Inc. (NYSE: TEN) announces the expected appointment of Jeff Stafeil as Executive Vice President and Chief Financial Officer, contingent...
Tenneco Reports Third Quarter 2022 Results
/PRNewswire/ -- Tenneco Inc. (NYSE: TEN) today announced results for the third quarter ended September 30, 2022, including the following: Third quarter total...
Noteworthy Thursday Option Activity: AIMC, TEN, LQDA
MOOG® Releases Over 70 New Part Numbers in the Third Quarter 2022 and Introduces Enhancements to Existing Product Lines
Expanded product lines now available for MOOG ball joints, control arms, tie rods and others SOUTHFIELD, Mich., Oct. 27, 2022 /PRNewswire/ -- MOOG...
MOOG® Releases Over 70 New Part Numbers in the Third Quarter 2022 and Introduces Enhancements to Existing Product Lines
/PRNewswire/ -- MOOG®, the industry-leading steering and suspension brand from Tenneco Inc.'s (NYSE: TEN) DRiV group, recently announced 79 new part numbers...
Tenneco Announces New Conditional Redemption for 5⅜% Senior Notes due 2024 and 5.0% Senior notes due 2026
SKOKIE, Ill., Oct. 6, 2022 /PRNewswire/ -- Tenneco Inc. (NYSE: TEN) ('Tenneco') today announced that it has rescinded the notice of conditional re...
Tenneco Announces New Conditional Redemption for 5⅜% Senior Notes due 2024 and 5.0% Senior notes due 2026
/PRNewswire/ -- Tenneco Inc. (NYSE: TEN) ("Tenneco") today announced that it has rescinded the notice of conditional redemption it previously issued on...
Tenneco is Now Oversold (TEN)
Tenneco to Supply Monroe Intelligent Suspension Technology for Li Auto Electric SUV
/PRNewswire/ -- Tenneco (NYSE:TEN) today announced that it will supply the electronic suspension technology for the upcoming L9 electric luxury SUV from Li...
Noteworthy Friday Option Activity: X, TGT, TEN
Tenneco Announces Conditional Redemption for 5⅜% Senior Notes due 2024 and 5.0% Senior notes due 2026
SKOKIE, Ill., Sept. 7, 2022 /PRNewswire/ -- Tenneco Inc. (NYSE: TEN) ('Tenneco') today announced that it has given notice of its intention to rede...
Tenneco Announces Conditional Redemption for 5⅜% Senior Notes due 2024 and 5.0% Senior notes due 2026
/PRNewswire/ -- Tenneco Inc. (NYSE: TEN) ("Tenneco") today announced that it has given notice of its intention to redeem all of its outstanding 5⅜% Senior...
Notable Wednesday Option Activity: TEN, TRTN, WOR
RSI Alert: Tenneco (TEN) Now Oversold
TENNECO SHOWCASES ADVANCED RAIL SOLUTIONS AT THE 2022 INNOTRANS
Braking: New Jurid® 847 LL brake block, homologated by Union of Railways (UIC), helps reduce noise, lower lifecycle cost and improve operating sec...
TENNECO SHOWCASES ADVANCED RAIL SOLUTIONS AT THE 2022 INNOTRANS
Braking: New Jurid® 847 LL brake block, homologated by Union of Railways (UIC), helps reduce noise, lower lifecycle cost and improve operating security Systems...
TENNECO INTRODUCES NEW RANGE OF CHAMPION® INDUSTRIAL IGNITION SPARK PLUGS
/PRNewswire/ -- Tenneco Inc.´s (NYSE: TEN) Powertrain business group is launching a range of new Champion® industrial spark plugs, known for their reliable,...
Garage Gurus® Announces3 Automotive Technician Scholarship Winners
$2,500 in Tuition Support Provided to Each of 12 Students Enrolled in Accredited Post-Secondary Automotive Technology ProgramsSOUTHFIELD, Mich., A...
Garage Gurus® Announces 2022-2023 Automotive Technician Scholarship Winners
/PRNewswire/ -- Garage Gurus®, an industry-leading training and support platform from Tenneco Inc.'s (NYSE: TEN) DRiV group, today announced the winners of...
The 7 Best Funds to Buy for a Roth IRA
The best funds to buy for a Roth IRA include mutual funds and ETFs. These seven all are worth owning over the long haul.
Monroe® Introduces New Monroe Intelligent Suspension RideSense™ Products for Premium European Vehicles
/PRNewswire/ -- Monroe® shocks and struts, a leading global brand from Tenneco Inc.'s (NYSE: TEN) DRiV Motorparts group, recently launched new Monroe...
Tenneco Reports Second Quarter 2022 Results
Company reiterates intent to complete pending transaction with Apollo Funds in the second half of 2022SKOKIE, Ill., Aug. 4, 2022 /PRNewswire/ -- T...
Monroe® Releases New Part Numbers in July, Including Quick-Strut® Assemblies, Magnum® Strut Assemblies, New Monroe Intelligent Suspension RideSense™ Shocks and Struts, and More
/PRNewswire/ -- Monroe® shocks and struts, a leading global brand from Tenneco Inc.'s (NYSE: TEN) DRiV Motorparts group, has introduced new part numbers for...
Banks Delay $5.4 Billion Buyout Financing to Apollo for Tenneco
A club of banks led by Citigroup Inc. and Bank of America Corp. has postponed the $5.4 billion buyout financing that was meant to launch this month to help fund Apollo Global Management Inc.’s acquisition of Tenneco Inc.