ADP said it executed an Underwriting Agreement on September 4, 2024 with BofA Securities, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC as representatives of the underwriters, under which it agreed to issue and sell 4.450% senior notes due 2034 in an aggregate principal amount of $1,000,000,000.

1. 01

   ADP said it executed an Underwriting Agreement on September 4, 2024 with BofA Securities, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC as representatives of the underwriters, under which it agreed to issue and sell 4.450% senior notes due 2034 in an aggregate principal amount of $1,000,000,000.

2. 02

   The company said the notes were issued on September 9, 2024 under an Indenture with U.S. Bank Trust Company, National Association as trustee, as supplemented by a Third Supplemental Indenture.

3. 03

   The company said the sale of the notes was registered with the SEC on Form S-3 (File No. 333-281920) and was offered under a prospectus and prospectus supplement dated September 4, 2024.

4. 04

   The company filed a legal opinion from Davis Polk & Wardwell LLP on the legality of the notes as Exhibit 5.1, and included a Form of Global Note representing the 4.450% notes due 2034 as Exhibit 4.2 in the exhibit list.

Analysis 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.

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.