ADP said it executed an underwriting agreement on May 5, 2025 with BofA Securities, Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC as representatives of the underwriters, under which it agreed to issue and sell $1,000,000,000 in aggregate principal amount of 4.750% senior notes due 2032.

1. 01

   ADP said it executed an underwriting agreement on May 5, 2025 with BofA Securities, Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC as representatives of the underwriters, under which it agreed to issue and sell $1,000,000,000 in aggregate principal amount of 4.750% senior notes due 2032.

2. 02

   The company said it issued the notes on May 8, 2025 under an indenture with U.S. Bank Trust Company, National Association, as trustee, as supplemented by a Fourth Supplemental Indenture.

3. 03

   The company said the notes were registered with the SEC on Form S-3 registration statement (File No. 333-281920) and offered under a prospectus and prospectus supplement dated May 5, 2025.

4. 04

   The company filed an opinion from its counsel, Davis Polk & Wardwell LLP, on the legality of the notes as Exhibit 5.1, and attached the underwriting agreement (Exhibit 1.1) and the Fourth Supplemental Indenture (Exhibit 4.1).

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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

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