The company entered into an underwriting agreement on August 14, 2025 with Barclays Capital Inc. and Goldman Sachs & Co. LLC as representatives of the underwriters for a public offering of $300.0 million aggregate principal amount of 5.550% Senior Notes due 2036. The offering closed on August 18, 2025.

1. 01

   The company entered into an underwriting agreement on August 14, 2025 with Barclays Capital Inc. and Goldman Sachs & Co. LLC as representatives of the underwriters for a public offering of $300.0 million aggregate principal amount of 5.550% Senior Notes due 2036. The offering closed on August 18, 2025.

2. 02

   The company said the net proceeds from the 2036 Notes, after deducting underwriting discounts and commissions and estimated offering expenses, are approximately $296.0 million.

3. 03

   The company said it plans to use the 2036 Notes net proceeds to redeem all of the 6.10% Senior Notes due 2026 outstanding principal amount of $175.0 million, and to pay related premiums, fees and expenses and for general corporate purposes.

4. 04

   The company issued a notice of redemption on August 15, 2025 for all of the 6.10% Senior Notes due 2026 outstanding principal amount of $175.0 million. The redemption date is August 25, 2025, and the redemption price will be calculated under the applicable indenture and officers' certificate.

Analysis scope · Filing body and confirmed press-release exhibitWe 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.