The company entered into an underwriting agreement with BofA Securities, J.P. Morgan Securities, Truist Securities and Wells Fargo Securities as representatives to issue and sell $600,000,000 of 5.100% Notes due 2029 and $700,000,000 of 5.400% Notes due 2034, with the agreement dated June 24, 2024.

1. 01

   The company entered into an underwriting agreement with BofA Securities, J.P. Morgan Securities, Truist Securities and Wells Fargo Securities as representatives to issue and sell $600,000,000 of 5.100% Notes due 2029 and $700,000,000 of 5.400% Notes due 2034, with the agreement dated June 24, 2024.

2. 02

   The company said it completed the sale of the notes on June 28, 2024. The 2029 Notes bear interest at a fixed rate of 5.100% per year and the 2034 Notes at 5.400% per year, both payable semi-annually. It said the first interest payment date is January 15, 2025.

3. 03

   The company said the 2029 Notes mature on July 15, 2029 and the 2034 Notes mature on July 15, 2034. It said both series are senior unsecured obligations that rank equally with its other senior unsecured liabilities.

4. 04

   The company said the notes are subject to customary covenants that restrict its ability to incur secured debt, enter into sale and leaseback transactions or merge, and that upon an event of default the trustee or holders of 25% of the outstanding principal amount of a series may declare the notes immediately due and payable.

Analysis 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.

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.