TRW Automotive to offer $225 million in senior notes, proceeds used to pay down debt

TRW Automotive to offer $225M in senior notes

LIVONIA, Mich. — Car parts maker TRW Automotive Holdings Corp. said Monday that subsidiary TRW Automotive Inc. will offer $225 million in senior notes due 2015.

TRW Automotive Inc. said initial buyers have the option to buy up to an additional $33.8 million in notes to cover any over-allotments.

Proceeds will be used to pay down debt and for general corporate purposes.