TE Connectivity’s indirect subsidiary Tyco Electronics Group S.A. successfully priced two tranches of senior notes totaling $750 million. The $200 million tranche carries a 4.500% coupon and extends maturities to 2031, while the $550 million tranche at 4.875% matures in 2036. The 2031 notes were offered at 100.907% of par and will join an existing $450 million 4.500% series issued May 2025, bringing that series to $650 million outstanding. The 2036 notes were priced at 99.718% of par. Both issues pay interest semi-annually and are fungible with the company’s existing 2031 paper. Joint book-running managers on the transaction included BNP Paribas, Citigroup, Deutsche Bank and Goldman Sachs.

TE Connectivity intends to deploy net proceeds primarily to retire higher-cost maturities, including its 3.700% and 4.500% senior notes due later this year, reducing near-term refinancing risk. The debt repricing is expected to lower annual interest expense by approximately $8 million on a run-rate basis, assuming full redemption of the 2026 notes. Following closing—scheduled for February 9, 2026—the company will maintain a debt maturity profile extending out to 2036, preserving liquidity for capital investment in connectivity and sensor solutions. Rating agencies Moody’s and S&P have both affirmed TE Connectivity’s investment-grade debt ratings (Baa1/BBB+), citing solid free cash flow and a diversified end-market mix across automotive, industrial and data-center applications.