Full-Time
Provides turbochargers and automotive performance solutions
No salary listed
Senior, Expert
Madurai, Tamil Nadu, India
In Person
Garrett Motion Inc. provides turbocharger and automotive performance solutions to a variety of clients, including major global manufacturers and the aftermarket sector. The company specializes in advanced turbo technologies and smart automotive systems that improve vehicle efficiency and performance. Garrett generates revenue by selling high-performance turbochargers, smart modules, and other automotive technologies. A key aspect of their approach is a focus on innovation and sustainability, highlighted by their development of turbo technology for hydrogen-powered internal combustion engines and their G Smart Bluetooth module. Garrett's goal is to enhance automotive performance through smart technology, aiming to lead the way towards carbon-neutral vehicles and inspire a new era in motorsports.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Rolle, Switzerland
Founded
1954
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Garrett Motion Inc. (Garrett Motion) will present further details of its high-speed, high-power density Electric Powertrain at the 2025 Vienna Motor Symposium in Austria from May 14-16.
PLYMOUTH, Mich. and ROLLE, Switzerland, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX) ("Garrett" or the "Company") , a leading differentiated automotive technology provider, today announced that it has successfully refinanced its existing $692 million term loan, and refinanced
PLYMOUTH, Mich. and ROLLE, Switzerland, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Garrett Motion Inc. GTX ("Garrett" or the "Company"), a leading differentiated automotive technology provider, today announced that it has successfully refinanced its existing $692 million term loan, and refinanced and upsized its existing $600 million revolving credit facility to $630 million. Borrowings under each of the new facilities will initially bear interest at the Secured Overnight Financing Rate (SOFR) plus 225 basis points per annum, which represents a 50-basis point reduction from the existing facilities. The new term loan will mature in 2032, effectively extending the maturity of the Company's existing term loan by approximately four years, and the new revolving credit facility will mature in 2030, effectively extending the maturity date of the Company's existing revolving credit facility by approximately two years. "We are pleased to have successfully completed this refinancing, which significantly reduces our interest expense and extends our debt maturity profile," said Garrett President and CEO, Olivier Rabiller
Quantbot Technologies LP makes new $386,000 investment in Garrett Motion Inc. (NYSE:GTX).
Victory Capital Management Inc. makes new investment in Garrett Motion Inc. (NYSE:GTX).