Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance


               Sheet Arrangement of a Registrant.

The information set forth below in Item 8.01 under the caption "Borrowing Under The Revolving Credit Facility" is hereby incorporated by reference into this Item 2.03. Item 8.01 Other Events.




On March 23, 2020, Aptiv PLC (the "Company") issued a press release announcing
the following actions taken to provide additional liquidity and financial
flexibility to mitigate the effect on its business from the international
emergency that has arisen as a result of the novel coronavirus ("COVID-19")
pandemic.
Borrowing Under The Revolving Credit Facility
As previously disclosed, the Company maintains a revolving credit facility of
$2.0 billion (the "Revolving Credit Facility") as part of its Credit Agreement,
the material terms of which are described in the section titled "Credit
Agreement" in the Company's Annual Report on Form 10-K filed with the Securities
and Exchange Commission on February 3, 2020 (the "Form 10-K") and incorporated
herein by reference.
On March 23, 2020, the Company provided notice to the lenders pursuant to the
Credit Agreement to draw down on the Revolving Credit Facility all remaining
availability, resulting in a total of $2.0 billion outstanding under the
Revolving Credit Facility. The Revolving Credit Facility will mature on August
17, 2021. A copy of the Credit Agreement is listed as an exhibit to the Form
10-K.
Suspension of Dividend
The Company also announced the suspension of its quarterly dividend. As the
uncertainty resulting from the COVID-19 pandemic is resolved, the Board of
Directors will re-evaluate such suspension.
Suspension of Guidance
Due to unprecedented global economic conditions and uncertainty resulting from
the COVID-19 pandemic, the Company is suspending its financial guidance that it
previously provided for 2020. The Company expects to provide a business update
on its first quarter earnings call.
A copy of the press release is attached as an exhibit and is incorporated herein
by reference. The press release is available on the Company's website at
aptiv.com.
Forward-Looking Statements
This report, as well as other statements made by the Company, contain
forward-looking statements that reflect, when made, the Company's current views
with respect to current events and financial performance, including the impact
of the current COVID-19 pandemic on the Company's future operations and balance
sheet. Such forward-looking statements are subject to many risks, uncertainties
and factors relating to the Company's operations and business environment, which
may cause the actual results of the Company to be materially different from the
expectations set forth in this report, in particular due to the uncertainties
posed by the pandemic and the difficulty in predicting its future course and its
impact on the global economy. All statements that address future operating,
financial or business performance or the Company's strategies or expectations
are forward-looking statements. Factors that could cause actual results to
differ materially from these forward-looking statements are discussed under the
captions "Risk Factors" and "Management's Discussion and Analysis of Financial
Condition and Results of Operations" in the Company's filings with the
Securities and Exchange Commission. New risks and uncertainties arise from time
to time, and it is impossible for us to predict these events or how they may
affect the Company. It should be remembered that the price of the ordinary
shares and any income from them can go down as well as up. The Company disclaims
any intention or obligation to update or revise any forward-looking statements,
whether as a result of new information, future events and/or otherwise, except
as may be required by law.
The information in this Item 2.03, Item 8.01 and Item 9.01, including Exhibit
99.1 shall not be deemed "filed" for purposes of Section 18 of the Securities
Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the
liabilities of that Section, nor shall it be deemed incorporated by reference
into any filing under the Securities Act of 1933 or the Exchange Act.
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Item 9.01 Financial Statements and Exhibits.




(d) Exhibits.
Exhibit
Number           Description

99.1             Press Release Dated March 23, 2020

104              Cover Page Interactive Data File (embedded within the Inline XBRL document)



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