array(3) {
["company_details"]=>
array(13) {
["name"]=>
string(12) "Tenneco Inc."
["slug"]=>
string(20) "a5e78-us-tenneco-inc"
["logo"]=>
string(84) "https://images.businessradar.com/linkedin_logos/cb73c83f-dbde-4227-809e-410cdc85956f"
["description"]=>
string(466) "Tenneco is one of the world's leading designers, manufacturers and marketers of automotive products for original equipment and aftermarket customers worldwide. Through our four business groups, DRiV, Performance Solutions, Clean Air and Powertrain. Tenneco is driving advancements in global mobility by delivering technology solutions for diversified global markets, including light vehicle, commercial truck, off-highway, industrial, motorsport and the aftermarket."
["address_street"]=>
string(19) "7450 McCormick Blvd"
["address_place"]=>
string(6) "Skokie"
["address_region"]=>
string(8) "Illinois"
["founding_date"]=>
string(10) "1996-02-28"
["website_domain"]=>
string(11) "tenneco.com"
["website_url"]=>
string(24) "https://www.tenneco.com/"
["industry_codes"]=>
array(1) {
[0]=>
string(35) "Motor Vehicle Parts and Accessories"
}
["employee_count"]=>
int(71000)
["article_count"]=>
int(610)
}
["articles"]=>
array(9) {
[0]=>
array(7) {
["title_en"]=>
string(61) "Banks Kick Off Sale of Tenneco Buyout Debt Stuck on Books (1)"
["snippet_en"]=>
string(298) "Banks led by Bank of America Corp. and Citigroup Inc. will kick off a junk-bond and leveraged loan sale tied to Apollo Global Management Inc.’s acquisition of Tenneco Inc. on Monday, seizing a recovery in credit markets to offload debt that’s been stuck on their balance sheets since last year."
["url"]=>
string(118) "https://news.bloomberglaw.com/mergers-and-acquisitions/banks-kick-off-sale-of-tenneco-buyout-debt-stuck-on-their-books"
["image_url"]=>
string(78) "https://images.businessradar.com/articles/8e0c3585-440a-4731-8d7f-534dd6fa7d39"
["source"]=>
string(16) "bloomberglaw.com"
["publication_date"]=>
string(10) "2023-08-04"
["categories"]=>
array(3) {
[0]=>
string(10) "Divestment"
[1]=>
string(5) "Debts"
[2]=>
string(11) "Acquisition"
}
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[1]=>
array(7) {
["title_en"]=>
string(61) "Citigroup, BofA-Led Group Plan to Offload Tenneco Buyout Debt"
["snippet_en"]=>
string(290) "A group of banks led by Citigroup Inc. and Bank of America Corp. is preparing to offload some of the debt that helped fund Apollo Global Management Inc.’s buyout of auto-parts maker Tenneco Inc. after holding it on their books for months, according to people with knowledge of the matter."
["url"]=>
string(115) "https://news.bloomberglaw.com/mergers-and-acquisitions/citigroup-bofa-led-group-plan-to-offload-tenneco-buyout-debt"
["image_url"]=>
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string(16) "bloomberglaw.com"
["publication_date"]=>
string(10) "2023-08-02"
["categories"]=>
array(1) {
[0]=>
string(5) "Debts"
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}
[2]=>
array(7) {
["title_en"]=>
string(65) "Wall Street’s Lucrative Leveraged-Debt Machine Is Breaking Down"
["snippet_en"]=>
string(65) "Wall Street’s Lucrative Leveraged-Debt Machine Is Breaking Down"
["url"]=>
string(100) "https://www.thewealthadvisor.com/article/wall-streets-lucrative-leveraged-debt-machine-breaking-down"
["image_url"]=>
string(78) "https://images.businessradar.com/articles/1ff56619-5d39-4988-906f-1bfc583a9a09"
["source"]=>
string(20) "thewealthadvisor.com"
["publication_date"]=>
string(10) "2023-01-13"
["categories"]=>
array(1) {
[0]=>
string(5) "Debts"
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[3]=>
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["title_en"]=>
string(127) "Apollo Global Management Completed Its Leveraged Buyout of Auto-parts Maker Tenneco, ... - Latest Tweet by Bloomberg | LatestLY"
["snippet_en"]=>
string(297) "The latest Tweet by Bloomberg states, 'Apollo Global Management completed its leveraged buyout of auto-parts maker Tenneco, leaving banks to fund the full$ 5.45 billion debt package they promised ...' Apollo Global Management Completed Its Leveraged Buyout of Auto-parts Maker Tenneco, ...- Latest"
["url"]=>
string(165) "https://www.latestly.com/socially/business/apollo-global-management-completed-its-leveraged-buyout-of-auto-parts-maker-tenneco-latest-tweet-by-bloomberg-4473248.html"
["image_url"]=>
string(78) "https://images.businessradar.com/articles/6dfd2ca1-4fc1-4727-a2d1-5982d85116c8"
["source"]=>
string(12) "latestly.com"
["publication_date"]=>
string(10) "2022-11-17"
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[4]=>
array(7) {
["title_en"]=>
string(62) "Citi, BofA-Led Banks Prepare to Fund $5.4 Billion Tenneco Debt"
["snippet_en"]=>
string(237) "A group of banks led by Citigroup Inc. and Bank of America Corp. are preparing to fund about $5.4 billion of debt helping to finance the leveraged buyout of auto-parts maker Tenneco Inc., according to people with knowledge of the matter."
["url"]=>
string(98) "https://www.bnnbloomberg.ca/citi-bofa-led-banks-prepare-to-fund-5-4-billion-tenneco-debt-1.1846206"
["image_url"]=>
string(78) "https://images.businessradar.com/articles/cd174845-7a28-4d0a-93e0-366402d5b793"
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string(15) "bnnbloomberg.ca"
["publication_date"]=>
string(10) "2022-11-14"
["categories"]=>
array(5) {
[0]=>
string(22) "Financing Arrangements"
[1]=>
string(5) "Debts"
[2]=>
string(46) "Management of Legal and Regulatory Environment"
[3]=>
string(7) "Funding"
[4]=>
string(18) "Financial Distress"
}
}
[5]=>
array(7) {
["title_en"]=>
string(62) "Tenneco Debt Pitched at 3.9x Leverage With $1.4 Billion Ebitda"
["snippet_en"]=>
string(250) "Banks are pitching total leverage of 3.9 times for the buyout of Tenneco Inc., based on$ 5.68 billion total debt and about$ 1.44 billion of pro forma adjusted EBITDA on a last-twelve-month basis through Sept. 30, according to people familiar with the"
["url"]=>
string(106) "https://news.bloomberglaw.com/bankruptcy-law/tenneco-debt-pitched-at-3-9x-leverage-with-1-4-billion-ebitda"
["image_url"]=>
string(78) "https://images.businessradar.com/articles/17ad76b0-0d6f-4988-9f2d-a12749ed7a97"
["source"]=>
string(16) "bloomberglaw.com"
["publication_date"]=>
string(10) "2022-11-01"
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string(15) "Supply & Demand"
[1]=>
string(5) "Debts"
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[6]=>
array(7) {
["title_en"]=>
string(55) "Tenneco Buyout Debt Prepped for Sale Into Choppy Market"
["snippet_en"]=>
string(264) "Banks are planning to kick off the sale of a portion of the $6 billion debt package backing Apollo Global Management’s planned takeover of Tenneco, according to people familiar with the matter, despite lenders racking up big losses when syndicating recent deals."
["url"]=>
string(96) "https://www.wsj.com/articles/tenneco-buyout-debt-prepped-for-sale-into-choppy-market-11667244920"
["image_url"]=>
string(78) "https://images.businessradar.com/articles/2f77ab43-87ef-48c6-b287-0b04ccfbe8e9"
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string(7) "wsj.com"
["publication_date"]=>
string(10) "2022-10-31"
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[0]=>
string(24) "Quarterly/Annual Figures"
[1]=>
string(5) "Debts"
[2]=>
string(11) "Acquisition"
[3]=>
string(6) "Merger"
[4]=>
string(15) "Market Movement"
}
}
[7]=>
array(7) {
["title_en"]=>
string(35) "What Does Tenneco's Debt Look Like?"
["snippet_en"]=>
string(299) "Shares of Tenneco (NYSE:TEN) rose by 4.58% in the past three months. Before having a look at the importance of debt, let us look at how much debt Tenneco has. Tenneco 's Debt Based on Tenneco 's balance sheet as of February 24, 2021, long-term debt is at$ 5.17 billion and current debt is at$ 162.00"
["url"]=>
string(69) "https://finance.yahoo.com/news/does-tennecos-debt-look-123739224.html"
["image_url"]=>
string(78) "https://images.businessradar.com/articles/6ff1ae29-0ede-47d5-933a-a81b6b5a2cee"
["source"]=>
string(9) "yahoo.com"
["publication_date"]=>
string(10) "2021-02-25"
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[8]=>
array(7) {
["title_en"]=>
string(47) "Tenneco profit falls 36% on refinancing charges"
["snippet_en"]=>
string(155) "Tenneco Inc.'s TEN first-quarter earnings fell 36% as refinancing charges masked a jump in the company's core North American sales. Tenneco, which makes..."
["url"]=>
string(91) "https://www.marketwatch.com/story/tenneco-profit-falls-36-on-refinancing-charges-2012-04-30"
["image_url"]=>
string(78) "https://images.businessradar.com/articles/8b1b66dc-94a8-4de7-b37c-5062bb26f4e1"
["source"]=>
string(15) "marketwatch.com"
["publication_date"]=>
string(10) "2012-04-30"
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string(24) "Quarterly/Annual Figures"
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a5e78-us-tenneco-inc
Tenneco Inc.
Location
Illinois
Founded
1996-02-28
Website
https://www.tenneco.com/
Articles
610 Articles
Category
Motor Vehicle Parts and Accessories
Description
Tenneco is one of the world's leading designers, manufacturers and marketers of automotive products for original equipment and aftermarket customers worldwide. Through our four business groups, DRiV, Performance Solutions, Clean Air and Powertrain. Tenneco is driving advancements in global mobility by delivering technology solutions for diversified global markets, including light vehicle, commercial truck, off-highway, industrial, motorsport and the aftermarket.
Banks led by Bank of America Corp. and Citigroup Inc. will kick off a junk-bond and leveraged loan sale tied to Apollo Global Management Inc.’s acquisition of Tenneco Inc. on Monday, seizing a recovery in credit markets to offload debt that’s been stuck on their balance sheets since last year.
A group of banks led by Citigroup Inc. and Bank of America Corp. is preparing to offload some of the debt that helped fund Apollo Global Management Inc.’s buyout of auto-parts maker Tenneco Inc. after holding it on their books for months, according to people with knowledge of the matter.
The latest Tweet by Bloomberg states, 'Apollo Global Management completed its leveraged buyout of auto-parts maker Tenneco, leaving banks to fund the full$ 5.45 billion debt package they promised ...' Apollo Global Management Completed Its Leveraged Buyout of Auto-parts Maker Tenneco, ...- Latest
A group of banks led by Citigroup Inc. and Bank of America Corp. are preparing to fund about $5.4 billion of debt helping to finance the leveraged buyout of auto-parts maker Tenneco Inc., according to people with knowledge of the matter.
Banks are pitching total leverage of 3.9 times for the buyout of Tenneco Inc., based on$ 5.68 billion total debt and about$ 1.44 billion of pro forma adjusted EBITDA on a last-twelve-month basis through Sept. 30, according to people familiar with the
Banks are planning to kick off the sale of a portion of the $6 billion debt package backing Apollo Global Management’s planned takeover of Tenneco, according to people familiar with the matter, despite lenders racking up big losses when syndicating recent deals.
Shares of Tenneco (NYSE:TEN) rose by 4.58% in the past three months. Before having a look at the importance of debt, let us look at how much debt Tenneco has. Tenneco 's Debt Based on Tenneco 's balance sheet as of February 24, 2021, long-term debt is at$ 5.17 billion and current debt is at$ 162.00
Tenneco Inc.'s TEN first-quarter earnings fell 36% as refinancing charges masked a jump in the company's core North American sales. Tenneco, which makes...
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