EDGAR·FLOW

Sensata Technologies Holding plc — Form 10-Q

Filed October 27, 2026 · analyzed by the Periodic Agent
10-Q — Neutral significance 22/100
What the filing says
On October 26, 2026, Sensata Technologies, Inc. and its subsidiaries executed Amendment No. 1 to the Domestic Security Agreement with Morgan Stanley Senior Funding, Inc. as collateral agent and lenders including Morgan Stanley Bank, Barclays, Bank of America, Mizuho, Goldman Sachs, RBC, HSBC, TD Bank, JPMorgan Chase, Truist, and MUFG. The amendment excludes certain 'Excluded Accounts'—payroll, tax, fiduciary, trust, escrow, and project-security accounts with thresholds (e.g., $5M average daily balance limit)—from collateral pledge requirements. Dutch law security pledges related to these accounts were cancelled and waived. No dollar amounts are specified for assets released; the amendment is administrative and does not modify principal loan terms.
Why this rating

Administrative refinement reducing operational friction around deposit account pledging. Immaterial absolute dollar amounts; routine covenant/collateral relief with no principal credit change.

View original filing on SEC.gov ↗ ST · stock on Yahoo Finance ↗

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