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Slideshow Corporate Bonds

By The Online Investor Staff, updated Tue., Nov. 25, 8:11 PM

Slide #3. Meritor, Inc. Corporate Bonds

Company: Meritor, Inc. (NYSE:MTOR)
Date announced: 5/29/2013
$Amount Offered: $275,000,000
Bond Offering Details: Meritor, Inc. (NYSE: MTOR) today announced the pricing of its senior unsecured notes in an aggregate principal amount of $275 million in an underwritten registered public offering (the "Notes"). The $275 million of Notes will mature on June 15, 2021 and will bear interest at an annual rate of 6-3/4%. The offering is expected to close on May 31, 2013, subject to customary closing conditions.

Meritor is a global supplier of a range of integrated systems, modules and components to original equipment manufacturers (OEMs) and the aftermarket for the commercial vehicle, transportation and industrial sectors. Co. serves commercial truck, trailer, military, bus and coach, construction, and other industrial OEMs and certain aftermarkets. Co.'s principal products are axles, undercarriages, drivelines, brakes and braking systems. Co. serves a range of customers, including medium- and heavy-duty truck OEMs, vehicle manufacturers, certain aftermarkets, and trailer producers.
Open the MTOR Page at The Online Investor »

Company Name:  Meritor Inc
Website:  www.Meritor.com
Sector:  Auto Parts
Number of ETFs Holding MTOR:  26
Total Market Value Held by ETFs:  $51.43M
Total Market Capitalization:  $1.38B
% of Market Cap. Held by ETFs:  3.72%
 

Open the MTOR Page at The Online Investor (in a new window) »

November 25, 2014    8:11 PM Eastern
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Hold (2.43 out of 4)
14th percentile
(ranked lower than approx. 86% of all stocks covered)
Based on Zacks ABR data;
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