Visteon Announces Pricing of $500 Million of 6.75% Senior Notes due 2019

VAN BUREN TOWNSHIP, MI--March 31, 2011:Visteon Corporation ("Visteon") today announced it has priced an offering of $500 million aggregate principal amount of its 6.75% senior unsecured notes due 2019 (the "Notes"). Visteon intends to use the net proceeds of the offering, together with cash on hand, to retire its $500 million senior secured term loan due 2017 and pay related fees and expenses in connection therewith.

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The Notes and any related guarantees are being offered only to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States, only to non-U.S. investors pursuant to Regulation S.  The Notes and any related guarantees have not been registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements under the Securities Act.