On January 29, 2015, Lear Corp. gave notice to the trustee under the indenture, as amended and supplemented, pursuant to which its 8.125% Senior Notes due 2020 (the Notes) were issued, that the Company has elected to redeem all of the outstanding aggregate principal amount of the Notes on March 15, 2015, at a redemption price equal to 104.063% of the aggregate principal amount of the Notes being redeemed. Originally, $350 million in aggregate principal amount of the Notes were issued under the indenture, and as of the date of this Current Report on Form 8-K, $245 million in aggregate principal amount of the Notes is outstanding.