11th
August 2009 - TRW Automotive
Announces Public Offering of Common Stock
TRW Automotive Holdings Corp., today
announced it has commenced an underwritten registered public offering of
14,000,000 shares of its common stock. In connection with the offering,
TRW has granted the underwriters a 30-day option to purchase up to an
additional 2,100,000 shares of its common stock to cover
over-allotments, if any.
The offering will be made under an
effective shelf registration statement. J.P. Morgan, Goldman, Sachs &
Co. and BofA Merrill Lynch are acting as joint book-running managers of
the offering.
A preliminary prospectus supplement
relating to the offering will be filed with the Securities and Exchange
Commission. When available, copies of the preliminary prospectus
supplement relating to the offering may be obtained from the offices of
J.P. Morgan, National Statement Processing, Prospectus Library, 4 Chase
Metrotech Center, CS Level, Brooklyn, NY 11245 (718-242-8002) or
Goldman, Sachs & Co., 85 Broad Street, New York, NY 10004, Attention:
Prospectus Department (212-902-1171) or BofA Merrill Lynch, 4 World
Financial Center, New York, NY 10080, Attention: Prospectus Department
(212-449-1000).
This press release shall not constitute
an offer to sell or the solicitation of an offer to buy any securities
nor shall there be any sale of these securities in any state in which
such offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of such state. The offering
of these securities will be made only by means of the prospectus
supplement and accompanying prospectus.
About TRW
With 2008 sales of $15.0 billion, TRW
Automotive ranks among the world's leading automotive suppliers.
Headquartered in Livonia, Michigan, USA, the Company, through its
subsidiaries, operates in 26 countries and employs approximately 60,000
people worldwide. TRW Automotive products include integrated vehicle
control and driver assist systems, braking systems, steering systems,
suspension systems, occupant safety systems (seat belts and airbags),
electronics, engine components, fastening systems and aftermarket
replacement parts and services. All references to "TRW Automotive",
"TRW" or the "Company" in this press release refer to TRW Automotive
Holdings Corp. and its subsidiaries, unless otherwise indicated.
Source: TRW
Automotive Press Release