Edition:
United States

Tenneco Inc (TEN.N)

TEN.N on New York Stock Exchange

56.02USD
24 May 2017
Change (% chg)

$0.92 (+1.67%)
Prev Close
$55.10
Open
$55.30
Day's High
$56.39
Day's Low
$55.02
Volume
131,460
Avg. Vol
143,251
52-wk High
$70.32
52-wk Low
$44.55

Select another date:

Mon, May 15 2017

Fitch Affirms Tenneco's Secured Term Loan at 'BBB-/RR1'

(The following statement was released by the rating agency) CHICAGO, May 15 (Fitch) Fitch Ratings has assigned a Long-Term Issuer Default Rating (IDR) of 'BB+' to Tenneco Automotive Operating Company (TAOC), the principal operating subsidiary of Tenneco Inc. (TEN). In addition, Fitch has affirmed the company's $400 million term loan A rating at 'BBB-/RR1'. The primary borrower on the term loan A has migrated to TAOC from TEN. A full list of ratings for TEN and TAOC is included at the end of this

BRIEF-Tenneco amends and restates its senior credit facility

* New senior credit facility consists of a $1.6 billion revolving credit facility and a $400 million term loan a facility

BRIEF-Tenneco renews North American trade accounts receivable securitization program

* Says amended and renewed its north american trade accounts receivable securitization program

BRIEF-Tenneco reports Q1 earnings per share $1.16

* Tenneco inc- in q2, tenneco expects year-over-year revenue growth of approximately 5% on a constant currency basis

BRIEF-Tenneco receives notification from European Commission it closed global antitrust inquiry

* Received notification from European Commission it closed global antitrust inquiry regarding production, assembly, supply of complete exhaust systems

BRIEF-Tenneco Inc - CEO Gregg M. Sherrill's 2016 total compensation was $6.8 mln

* Tenneco Inc - CEO Gregg M. Sherrill's 2016 total compensation was $6.8 million versus $7.7 million in 2015 – SEC filing Source - (http://bit.ly/2nwNpUX) Further company coverage:

BRIEF-Tenneco names Brian Kesseler as chief executive officer

* Tenneco inc - sherrill will continue his tenure with Tenneco as executive chairman

BRIEF-Tenneco announces quarterly dividend and new share repurchase authorization

* Tenneco announces quarterly dividend and new share repurchase authorization

BRIEF-Tenneco sees FY 2017 revenue up 5 percent

* Tenneco Inc - in 2018 and 2019, tenneco expects continued revenue growth, outpacing industry production by 3 to 5 percentage points each year

Select another date:

More From Around the Web