AI English summary of an SEC filing — figures as filed
Automatic Data Processing ADPOn May 4, 2026, Automatic Data Processing executed an Underwriting Agreement with BNP Paribas Securities Corp., BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives of the underwriters, pursuant to which the company agreed to issue and sell to the underwriters $1,000,000,000 aggregate principal amount of its 5.000% senior notes due 2036.
Key points
AI summaryOn May 4, 2026, Automatic Data Processing executed an Underwriting Agreement with BNP Paribas Securities Corp., BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives of the underwriters, pursuant to which the company agreed to issue and sell to the underwriters $1,000,000,000 aggregate principal amount of its 5.000% senior notes due 2036.
The company said the Notes were issued on May 7, 2026. The issuance was made pursuant to an Indenture and a Fifth Supplemental Indenture, each by and between the company and U.S. Bank Trust Company, National Association, as trustee.
Automatic Data Processing said the sale of the Notes was registered with the Securities and Exchange Commission on a Registration Statement on Form S-3 (File No. 333-281920) and was offered pursuant to a prospectus dated September 4, 2024 and a prospectus supplement dated May 4, 2026.
The company filed as Exhibit 5.1 the opinion of Davis Polk & Wardwell LLP, counsel to the company, relating to the legality of the Notes. It attached the Underwriting Agreement as Exhibit 1.1 and the Fifth Supplemental Indenture as Exhibit 4.1.
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.
Underwriting Agreement for $1,000,000,000 of 5.000% Senior Notes
On May 4, 2026, Automatic Data Processing executed an Underwriting Agreement with BNP Paribas Securities Corp., BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives of the underwriters, pursuant to which the company agreed to issue and sell to the underwriters $1,000,000,000 aggregate principal amount of its 5.000% senior notes due 2036.
Source · Based on the filing body and exhibits
Note Issuance Date and Trustee Agreement Structure
The company said the Notes were issued on May 7, 2026. The issuance was made pursuant to an Indenture and a Fifth Supplemental Indenture, each by and between the company and U.S. Bank Trust Company, National Association, as trustee.
Source · Based on the filing body and exhibits
Form S-3 Registration and Prospectus Supplement
Automatic Data Processing said the sale of the Notes was registered with the Securities and Exchange Commission on a Registration Statement on Form S-3 (File No. 333-281920) and was offered pursuant to a prospectus dated September 4, 2024 and a prospectus supplement dated May 4, 2026.
Source · Based on the filing body and exhibits
Legal Opinion and Exhibits
The company filed as Exhibit 5.1 the opinion of Davis Polk & Wardwell LLP, counsel to the company, relating to the legality of the Notes. It attached the Underwriting Agreement as Exhibit 1.1 and the Fifth Supplemental Indenture as Exhibit 4.1.
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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