The company said it established a commercial paper program under which it may issue short-term, unsecured commercial paper notes on January 6, 2025, in reliance on the registration exemption in Section 4(a)(2) of the Securities Act.

1. 01

   The company said it established a commercial paper program under which it may issue short-term, unsecured commercial paper notes on January 6, 2025, in reliance on the registration exemption in Section 4(a)(2) of the Securities Act.

2. 02

   The company said the aggregate face or principal amount of notes outstanding under the program at any time will not exceed $2,300,000,000, and the notes will have maturities of up to 364 days from the date of issue. Amounts may be borrowed, repaid and re-borrowed.

3. 03

   The company expects its revolving credit facility to serve as a liquidity backstop for repayment of notes outstanding under the program. It said total debt outstanding under the revolving credit facility and the program will not exceed $2,300,000,000 at any time.

4. 04

   The company said no notes are currently outstanding under the program. It explained that the program is intended to provide additional financing flexibility for various purposes, including acquisitions. The notes will rank at least pari passu with all other unsecured and unsubordinated indebtedness.

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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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