Debt (Tables)

12 Months Ended

Dec. 31, 2025

Schedule of Long-term Debt, Net and Finance Lease and Other Financing Obligations

Our long-term debt, net and finance lease obligations as of December 31, 2025 and 2024 consisted of the following:


		As of December 31,
	Maturity Date	2025		2024



4.0% Senior Notes (1)	April 15, 2029	646.0		1,000.0
4.375% Senior Notes	February 15, 2030	450.0		450.0
5.875% Senior Notes	September 1, 2030	500.0		500.0
3.75% Senior Notes	February 15, 2031	750.0		750.0


6.625% Senior Notes	July 15, 2032	500.0		500.0
Plus: debt premium, net of discount		0.5		1.0
Less: deferred financing costs		(17.9)		(24.9)

Long-term debt, net		$	2,828.6	$	3,176.1
Finance lease obligations		$	21.2	$	23.4
Less: current portion		(2.3)		(2.4)
Finance lease obligations, less current portion		$	18.9	$	21.0

_______________________________

(1) In November 2025, we purchased $354.0 million in aggregate principal amount of the 4.0% Senior Notes that were validly tendered in a cash tender offer that we commenced in October 2025. We paid $350.0 million in cash in the aggregate for such purchase.

Schedule of Debt

Information regarding these senior notes (together, the "Senior Notes") is included in the following table. The Senior Notes were issued under the Senior Notes Indentures among the issuers listed in the table below, The Bank of New York Mellon, as trustee, and our guarantor subsidiaries named in the respective senior notes indentures (the "Senior Notes Indentures").

4.0% Senior Notes (1)

4.375% Senior Notes

5.875% Senior Notes

3.75% Senior Notes

6.625% Senior Notes (2)

Aggregate outstanding principal amount

$646.0

$450.0

$500.0

$750.0

$500.0

Interest rate

4.000%

4.375%

5.875%

3.750%

6.625%

Issue price

Various

100.000%

Issuer

STBV

STI

STBV

STI

Issue date

Various

September 2019

August 2022

August 2020

June 2024

Interest due

April 15

February 15

September 1

February 15

January 15

Interest due

October 15

August 15

March 1

August 15

July 15

__________________________

(1) In November 2025, we purchased $354.0 million in aggregate principal amount of the 4.0% Senior Notes") that were validly tendered in a cash tender offer that we commenced in October 2025. We paid $350.0 million in cash in the aggregate for such purchase. On March 29, 2021, we issued $750.0 million of 4.0% Senior Notes that were priced at 100.00%. On April 8, 2021, we issued $250.0 million of 4.0% Senior Notes that were priced at 100.75%.

(2) On June 6, 2024, we issued $500.0 million of 6.625% Senior Notes that were priced at 100.00%.

Schedule of Debt Instrument Redemption

On or after April 15, 2024, STBV may optionally redeem the 4.0% Senior Notes, in whole or in part, at the following prices (expressed as a percentage of principal amount), plus accrued and unpaid interest, if any, up to but excluding the redemption date:


Period beginning April 15,	Price
2024	102.000	%
2025	101.000	%
2026 and thereafter	100.000	%

At any time on or after September 1, 2025, STBV may redeem the 5.875% Senior Notes, in whole or in part, at the following prices (expressed as a percentage of principal amount), plus accrued and unpaid interest, if any, up to but excluding the redemption date:


Period beginning September 1,	Price
2025	102.398	%
2026	101.469	%
2027 and thereafter	100.000	%

On or after such date, we may optionally redeem the 3.75% Senior Notes, in whole or in part, at the following prices (expressed as a percentage of principal amount), plus accrued and unpaid interest, if any, up to but excluding the redemption date:



Period beginning February 15,	Price
2026	101.875	%
2027	100.938	%
2028 and thereafter	100.000	%

Redemption - 6.625% Senior Notes

At any time, and from time to time, prior to July 15, 2027, STI may redeem the 6.625% Senior Notes, in whole or in part, at a redemption price equal to 100% of the principal amount of the 6.625% Senior Notes being redeemed, plus a “make whole” premium, plus accrued and unpaid interest, if any, to, but excluding, the redemption date. On or after such date, STI may optionally redeem the 6.625% Senior Notes, in whole or in part, at the following prices (expressed as a percentage of principal amount), plus accrued and unpaid interest, if any, up to but excluding the redemption date:


Period beginning July 15,	Price
2027	103.313	%
2028	101.656	%
2029 and thereafter	100.000	%

Schedule of Maturities of Long-term Debt

The following table presents the remaining mandatory principal repayments of long-term debt, excluding finance lease payments and discretionary repurchases of debt, in each of the years ended December 31, 2026 through 2030 and thereafter.


For the year ended December 31,	Aggregate Maturities
2026	$	—
2027	—
2028	—
2029	646.0
2030	950.0
Thereafter	1,250.0
Total long-term debt principal payments	$	2,846.0

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details

Sensata Technologies Holding plc 10-K