<SEC-DOCUMENT>0001104659-25-040981.txt : 20250429
<SEC-HEADER>0001104659-25-040981.hdr.sgml : 20250429
<ACCEPTANCE-DATETIME>20250429130305
ACCESSION NUMBER:		0001104659-25-040981
CONFORMED SUBMISSION TYPE:	FWP
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250429
DATE AS OF CHANGE:		20250429

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TE Connectivity plc
		CENTRAL INDEX KEY:			0001385157
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC [5065]
		ORGANIZATION NAME:           	07 Trade & Services
		EIN:				981779916
		FISCAL YEAR END:			0926

	FILING VALUES:
		FORM TYPE:		FWP
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-282440
		FILM NUMBER:		25885076

	BUSINESS ADDRESS:	
		STREET 1:		PARKMORE BUSINESS PARK WEST
		STREET 2:		PARKMORE
		CITY:			GALWAY
		STATE:			L2
		ZIP:			H91VN2T
		BUSINESS PHONE:		353-91378040

	MAIL ADDRESS:	
		STREET 1:		PARKMORE BUSINESS PARK WEST
		STREET 2:		PARKMORE
		CITY:			GALWAY
		STATE:			L2
		ZIP:			H91VN2T

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TE Connectivity Ltd.
		DATE OF NAME CHANGE:	20110311

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Tyco Electronics Ltd.
		DATE OF NAME CHANGE:	20070104

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TE Connectivity plc
		CENTRAL INDEX KEY:			0001385157
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC [5065]
		ORGANIZATION NAME:           	07 Trade & Services
		EIN:				981779916
		FISCAL YEAR END:			0926

	FILING VALUES:
		FORM TYPE:		FWP

	BUSINESS ADDRESS:	
		STREET 1:		PARKMORE BUSINESS PARK WEST
		STREET 2:		PARKMORE
		CITY:			GALWAY
		STATE:			L2
		ZIP:			H91VN2T
		BUSINESS PHONE:		353-91378040

	MAIL ADDRESS:	
		STREET 1:		PARKMORE BUSINESS PARK WEST
		STREET 2:		PARKMORE
		CITY:			GALWAY
		STATE:			L2
		ZIP:			H91VN2T

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TE Connectivity Ltd.
		DATE OF NAME CHANGE:	20110311

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Tyco Electronics Ltd.
		DATE OF NAME CHANGE:	20070104
</SEC-HEADER>
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; background-color: transparent">Filed pursuant to
Rule 433<BR>
April 29, 2025</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; background-color: transparent">Relating to<BR>
Preliminary Prospectus Supplement dated April 29, 2025 to<BR>
Prospectus dated October 1, 2024<BR>
Registration Statement No. 333-282440</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent"><B>Tyco Electronics
Group S.A.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent"><B>&euro;500,000,000
2.500% Senior Notes due 2028</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent"><B>Fully and Unconditionally
Guaranteed by<BR>
TE Connectivity plc and TE Connectivity Switzerland Ltd.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent"><B><U>Pricing Term
Sheet</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="width: 45%">Issuer:</TD>
    <TD STYLE="width: 55%">Tyco Electronics Group S.A.</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>Guarantors:</TD>
    <TD>TE Connectivity plc and TE Connectivity Switzerland Ltd.</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>Offering Format:</TD>
    <TD>SEC Registered</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>Size:</TD>
    <TD>&euro;500,000,000 aggregate principal amount of 2.500% senior notes due 2028 (the &ldquo;Notes&rdquo;)</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>Maturity Date:</TD>
    <TD>May 6, 2028</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>Coupon:</TD>
    <TD>2.500% per annum </TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>Price to Public:</TD>
    <TD>99.610% of face amount </TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>Yield to Maturity:</TD>
    <TD>2.637%</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>Spread to Benchmark German Government Security:</TD>
    <TD>83.6 basis points</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>Benchmark German Government Security:</TD>
    <TD>OBL 2.200% due April 13, 2028</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>Benchmark German Government Security Price/Yield:</TD>
    <TD>101.135 / 1.801%</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>Mid-Swap Yield:</TD>
    <TD>1.987%</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>Mid-Swap Maturity:</TD>
    <TD>3-year</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>Spread to Mid-Swap:</TD>
    <TD>65 bps</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>Interest Payment Dates:</TD>
    <TD>Annually on May 6, commencing on May 6, 2026</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>Record Date:</TD>
    <TD>Close of the business day (on which each of Euroclear S.A./N.V. and Clearstream S.A. is open for business) prior to the Interest Payment Date</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="background-color: white; width: 45%">Optional Redemption:</TD>
    <TD STYLE="width: 55%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent">The Issuer may redeem the Notes, in
    whole or in part, at its option at any time prior to April 6, 2028 (one month prior to the maturity date of the Notes) at the make-whole
    redemption price equal to the greater of 100% of the principal amount of the Notes to be redeemed and a make-whole amount based on a discount
    rate equal to the applicable Comparable Government Bond Rate (as defined below) plus 15 basis points, plus accrued and unpaid interest,
    if any, to, but excluding, the redemption date, discounted on an annual basis (ACTUAL/ACTUAL (ICMA)).</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent">In addition, the Issuer may redeem the
    Notes, in whole or in part, at its option at any time on or after April 6, 2028 (one month prior to the maturity date of the Notes) at
    a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest, if any, to, but
    excluding, the redemption date.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent">The Issuer may also redeem all, but
    not less than all, of the Notes in the event of certain tax changes affecting the Notes.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent">&ldquo;Comparable Government Bond Rate&rdquo;
    means, the price, expressed as a percentage (rounded to three decimal places, 0.0005 being rounded upwards), at which the gross redemption
    yield on the Notes, if they were to be purchased at such price on the third Business Day prior to the date fixed for redemption, would
    be equal to the gross redemption yield on such Business Day of the Comparable Government Bond on the basis of the middle market price
    of the Comparable Government Bond prevailing at 11:00 a.m. (London time) on such Business Day as determined by the Issuer.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent">&ldquo;Comparable Government Bond&rdquo;
    means, in relation to any Comparable Government Bond Rate calculation, selected by the Issuer, a German <I>Bundesanleihe </I>security
    whose maturity is closest to the maturity of the Notes (as if the Notes had matured on April 6, 2028), or if the Issuer considers that
    such similar bond is not in issue, such other German <I>Bundesanleihe </I>security as the Issuer may, with the advice of three brokers
    of, and/or market makers in, German <I>Bundesanleihe</I> securities selected by the Issuer, determine to be appropriate for determining
    the Comparable Government Bond Rate.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent">&nbsp;</P></TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="width: 45%">Change of Control:</TD>
    <TD STYLE="width: 55%">Upon the occurrence of a Change of Control Triggering Event, unless the Issuer has exercised its right to redeem the Notes, the Issuer will be required to make an offer to purchase the Notes at a price equal to 101% of the principal amount plus accrued and unpaid interest to the date of repurchase.</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>Form/Clearing Systems:</TD>
    <TD>The Notes will be issued only in registered, book-entry form. There will be a global Note deposited with a common depositary for Euroclear and Clearstream.</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>Day Count Convention:</TD>
    <TD>ACTUAL/ACTUAL (ICMA), following unadjusted.</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>Trade Date:</TD>
    <TD>April 29, 2025</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>Settlement Date:</TD>
    <TD>May 6, 2025 (T+4)*</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>Expected Listing:</TD>
    <TD>Application will be made to have the Notes listed on the New York Stock Exchange.</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>Common Code/ISIN/CUSIP:</TD>
    <TD>306375288 / XS3063752888 / 902133 BE6</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>Denominations:</TD>
    <TD>Minimum denominations of &euro;100,000 and integral multiples of &euro;1,000 in excess thereof</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>Stabilization:</TD>
    <TD>ICMA/FCA</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="background-color: white">Joint Book-Running Managers:</TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">Barclays Bank PLC</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">BNP PARIBAS</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">BofA Securities Europe SA</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">Citigroup Global Markets Limited</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">Deutsche Bank Aktiengesellschaft</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">Goldman Sachs &amp; Co. LLC</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">J.P. Morgan Securities plc</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">Scotiabank (Ireland) Designated Activity Company</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="background-color: white">Co-Managers:</TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">Loop Capital Markets LLC</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">Academy Securities, Inc.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">Commerzbank Aktiengesellschaft</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">Intesa Sanpaolo IMI Securities Corp.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">Standard Chartered Bank</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">WauBank Securities LLC</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent">* Under the E.U. Central Securities
Depositaries Regulation, trades in the secondary market generally are required to settle in two London business days unless the parties
to such trade expressly agreed otherwise. Also, under Rule 15c6-1 under the Securities Exchange Act of 1934, as amended, trades in the
secondary market are required to settle in one New York business day, unless the parties to any such trade expressly agree otherwise.
Accordingly, purchasers who wish to trade Notes prior to the delivery of the Notes hereunder will generally be required, by virtue of
the fact that the Notes initially settle on the fourth business day following the Trade Date (&ldquo;T+4&rdquo;), to specify an alternate
settlement arrangement at the time of any such trade to prevent a failed settlement. Purchasers of the Notes who wish to trade the Notes
prior to their date of delivery hereunder should consult their advisors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">The issuer has filed a registration statement
(including a base prospectus and a prospectus supplement) with the U.S. Securities and Exchange Commission (SEC) for the offering to which
this communication relates. Before you invest, you should read the prospectus supplement for this offering, the prospectus in that registration
statement and any other documents the issuer has filed with the SEC for more complete information about the issuer and this offering.
You may get these documents for free by visiting EDGAR on the SEC web site at http://www.sec.gov. Alternatively, the issuer, any underwriter
or any dealer participating in the offering will arrange to send you the prospectus supplement and prospectus if you request it by calling
Barclays Bank PLC toll free at 1-888-603-5847, BNP PARIBAS toll free at 1-800-854-5674, BofA Securities Europe SA toll free at 1-800-294-1322,
Citigroup Global Markets Limited toll free at 1-800-831-9146, Deutsche Bank Aktiengesellschaft toll free at 1-800-503-4611, Goldman Sachs
&amp; Co. LLC toll free at 1-866-471-2526, J.P. Morgan Securities plc at +44-20 7134-2468 (Non-US investors), J.P. Morgan Securities LLC
collect at 1-212-834-4533 (US investors), or Scotiabank (Ireland) Designated Activity Company toll free at +353 1790 2024.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: transparent"><B>MiFID II and
UK MiFIR- professionals/ECPs-only / No PRIIPs or UK PRIIPs KID &ndash; </B>Manufacturer target market (MiFID II and UK MiFIR product governance)
is eligible counterparties and professional clients only (all distribution channels). No PRIIPs or UK PRIIPs key information document
(KID) has been prepared as not available to retail investors in EEA or the United Kingdom.</P>

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