AI English summary of an SEC filing — figures as filed
Agilent Technologies AThe company entered into an underwriting agreement on September 4, 2024 with BofA Securities, J.P. Morgan Securities, Mizuho Securities USA and Wells Fargo Securities to issue and sell 4.200% Senior Notes due 2027 and 4.750% Senior Notes due 2034, in amounts of $600 million each, in a public offering.
Key points
AI summaryThe company entered into an underwriting agreement on September 4, 2024 with BofA Securities, J.P. Morgan Securities, Mizuho Securities USA and Wells Fargo Securities to issue and sell 4.200% Senior Notes due 2027 and 4.750% Senior Notes due 2034, in amounts of $600 million each, in a public offering.
Agilent said the 2027 Notes will mature on September 9, 2027 and bear a fixed interest rate of 4.200% per year, and the 2034 Notes will mature on September 9, 2034 and bear a fixed rate of 4.750%. Interest will be paid semi-annually in arrears on March 9 and September 9 of each year, with the first payment on March 9, 2025.
The company said it will issue the 2027 Notes at a public offering price of 99.866% of principal amount and the 2034 Notes at 99.638% of principal amount. The notes will be unsecured and will rank equally in right of payment with the company's other senior unsecured debt.
The company said it expects the offering to close on September 9, 2024, subject to customary closing conditions. The notes will be issued under a base indenture dated March 12, 2021 and 2 supplemental indentures, dated September 9, 2024 and the 3 supplemental indentures, with Citibank, N.A. as trustee.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Two Senior Note Issues Totaling $600 million
The company entered into an underwriting agreement on September 4, 2024 with BofA Securities, J.P. Morgan Securities, Mizuho Securities USA and Wells Fargo Securities to issue and sell 4.200% Senior Notes due 2027 and 4.750% Senior Notes due 2034, in amounts of $600 million each, in a public offering.
Source · Based on the filing body and exhibits
Maturity Dates and Fixed Rates of the 2027 and 2034 Notes
Agilent said the 2027 Notes will mature on September 9, 2027 and bear a fixed interest rate of 4.200% per year, and the 2034 Notes will mature on September 9, 2034 and bear a fixed rate of 4.750%. Interest will be paid semi-annually in arrears on March 9 and September 9 of each year, with the first payment on March 9, 2025.
Source · Based on the filing body and exhibits
Public Offering Price and Unsecured Senior Ranking of Notes
The company said it will issue the 2027 Notes at a public offering price of 99.866% of principal amount and the 2034 Notes at 99.638% of principal amount. The notes will be unsecured and will rank equally in right of payment with the company's other senior unsecured debt.
Source · Based on the filing body and exhibits
Expected Closing Date and Offering Documents
The company said it expects the offering to close on September 9, 2024, subject to customary closing conditions. The notes will be issued under a base indenture dated March 12, 2021 and 2 supplemental indentures, dated September 9, 2024 and the 3 supplemental indentures, with Citibank, N.A. as trustee.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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