The company said it closed the issuance of November 4, 2024 €500,000,000 aggregate principal amount of 3.750% senior notes due 2034, with net proceeds after underwriting discounts and estimated offering expenses of about €495.0 million.

1. 01

   The company said it closed the issuance of November 4, 2024 €500,000,000 aggregate principal amount of 3.750% senior notes due 2034, with net proceeds after underwriting discounts and estimated offering expenses of about €495.0 million.

2. 02

   The company said it plans to use the net proceeds to repay in full the €500 million 1.250% senior notes due 2025 when they mature on March 3, 2025, and for general corporate purposes.

3. 03

   The company said the notes carry an interest rate of 3.750% per year and mature on November 4, 2034. Interest is payable annually in arrears on November 4, beginning on November 4, 2025.

4. 04

   The company said it may redeem the notes in whole or in part at any time, and that on or after August 4, 2034 the redemption price will be 100% of principal plus accrued and unpaid interest. It also said that upon a change of control triggering event, it would be required to offer to repurchase the notes at 101% of principal plus accrued and unpaid interest.

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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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