Tenneco to Webcast Presentation at the 2019 Global High Yield & Leveraged Finance Conference

LAKE FOREST, Ill.–(BUSINESS WIRE)–Tenneco Inc. (NYSE: TEN) will participate in the 2019 Global High Yield
& Leveraged Finance Conference to be held in Miami, Florida on Monday,
February 25, 2019. The webcasted presentation is scheduled to begin at
10:20 am Eastern and run for 40 minutes. Brian Kesseler and Roger Wood,
co-Chief Executive Officers, will give a strategic overview and provide
information regarding matters impacting Tenneco’s outlook.

The live webcast can be accessed by going to the “Investors” portion of
its web site at www.investors.tenneco.com.
A copy of the slides also will be available under the “Events &
Presentations” tab in this section of the web site. A replay of the
webcast will be available through March 25, 2019.

About Tenneco

Headquartered in Lake Forest, Illinois, Tenneco is one of the world’s
leading designers, manufacturers and marketers of Ride Performance and
Clean Air products and technology solutions for diversified markets,
including light vehicle, commercial truck, off-highway equipment and the
aftermarket, with 2017 revenues of $9.3 billion and approximately 32,000
employees worldwide. On October 1, 2018, Tenneco completed the
acquisition of Federal-Mogul, a leading global supplier to original
equipment manufacturers and the aftermarket with nearly 55,000 employees
globally and 2017 revenues of $7.8 billion. Additionally, the company
expects to separate its businesses to form two new, independent
companies, an Aftermarket and Ride Performance company as well as a new
Powertrain Technology company, in the second half of 2019.

About DRiV – the future Aftermarket and Ride Performance Company

Following the separation, DRiV will be one of the largest global
multi-line, multi-brand aftermarket companies, and one of the largest
global OE ride performance and braking companies. DRiV’s principal
product brands will feature Monroe®, Öhlins® Walker®,
Clevite®Elastomers, MOOG®, Fel-Pro®, Wagner®, Ferodo®, Champion® and
others. DRiV would have 2017 pro-forma revenues of $6.4 billion, with
56% of those revenues from aftermarket and 44% from original equipment
customers.

About the new Tenneco – the future Powertrain Technology Company

Following the separation, the new Tenneco will be one of the world’s
largest pure-play powertrain companies serving OE markets worldwide with
engineered solutions addressing fuel economy, power output, and criteria
pollution requirements for gasoline, diesel and electrified powertrains.
The new Tenneco would have 2017 pro-forma revenues of $10.7 billion,
serving light vehicle, commercial truck, off-highway and industrial
markets.

Safe Harbor

This release contains forward-looking statements. These forward-looking
statements relate to our plans to separate into two independent public
companies. Forward-looking statements are subject to a number of risks
and uncertainties that could cause actual results to materially differ
from those described in the forward-looking statements, including the
possibility that Tenneco may not complete the spin-off of the
Aftermarket & Ride Performance business from the Powertrain Technology
business (or achieve some or all of the anticipated benefits of such a
spin-off); the possibility that the acquisition of Federal-Mogul or the
separation may have an adverse impact on existing arrangements with
Tenneco, including those related to transition, manufacturing and supply
services and tax matters; the ability to retain and hire key personnel
and maintain relationships with customers, suppliers or other business
partners; the risk that the benefits of the acquisition of Federal-Mogul
or the separation, including synergies, may not be fully realized or may
take longer to realize than expected; the risk that the acquisition of
Federal-Mogul or the separation may not advance Tenneco’s business
strategy; the risk that Tenneco may experience difficulty integrating
all employees or operations; the potential diversion of Tenneco
management’s attention resulting from the separation; as well as the
risk factors and cautionary statements included in Tenneco’s periodic
and current reports (Forms 10-K, 10-Q and 8-K) filed from time to time
with the SEC.

Given these risks and uncertainties, investors should not place undue
reliance on forward-looking statements as a prediction of actual
results. Unless otherwise indicated, the forward-looking statements in
this release are made as of the date of this communication, and, except
as required by law, Tenneco does not undertake any obligation, and
disclaims any obligation, to publicly disclose revisions or updates to
any forward-looking statements. Additional information regarding these
risk factors and uncertainties is detailed from time to time in the
company’s SEC filings, including but not limited to its annual report on
Form 10-K for the year ended December 31, 2017.

Contacts

Tenneco
Linae Golla
Investor Inquiries
847 482-5162
lgolla@tenneco.com
or
Bill
Dawson
Media Inquiries
847 482-5807
bdawson@tenneco.com

error: Content is protected !!