The company said it commenced cash tender offers for all of the November 19, 2025 2.600% senior unsecured notes due 2026 and for a portion of its 1.915% senior unsecured notes due 2027.

8-KOther EventsFiled Nov 19, 2025Period of report Nov 19, 2025Summary published (UTC) Oct 16, 2026

Key points

AI summary

The company said it commenced cash tender offers for all of the November 19, 2025 2.600% senior unsecured notes due 2026 and for a portion of its 1.915% senior unsecured notes due 2027.
The company said it capped the aggregate purchase price for the 2027 Notes at up to $300 million (Maximum Tender Cap). Principal outstanding is $750,000,000 on the 2026 Notes and $1,450,000,000 on the 2027 Notes. The company said it reserved the right to increase the cap.
The company said the tender offers are expected to be funded, subject to market conditions, using a portion of the proceeds from a concurrent offering of new senior unsecured notes (New Notes). It plans to use the remaining proceeds to repay other debt, including the remaining 2026 Notes and the term loan credit facility, which had an outstanding balance of $645 million as of September 30, 2025.

Summary

AI-written

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. Some paragraphs were omitted because their support in the source could not be confirmed.

Cash Tender Offers Launched for All 2026 Notes and Part of 2027 Notes

The company said it commenced cash tender offers for all of the November 19, 2025 2.600% senior unsecured notes due 2026 and for a portion of its 1.915% senior unsecured notes due 2027.

Source · Based on the filing body and exhibits

2027 Notes Maximum $300 million Cap and Outstanding Principal

The company said it capped the aggregate purchase price for the 2027 Notes at up to $300 million (Maximum Tender Cap). Principal outstanding is $750,000,000 on the 2026 Notes and $1,450,000,000 on the 2027 Notes. The company said it reserved the right to increase the cap.

Source · Based on the filing body and exhibits

Use of Proceeds From New Senior Unsecured Notes

The company said the tender offers are expected to be funded, subject to market conditions, using a portion of the proceeds from a concurrent offering of new senior unsecured notes (New Notes). It plans to use the remaining proceeds to repay other debt, including the remaining 2026 Notes and the term loan credit facility, which had an outstanding balance of $645 million as of September 30, 2025.

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

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