The company entered into an underwriting agreement with the underwriters on August 1, 2024 to issue and sell senior notes due 2029 with a coupon of 4.900%, in an aggregate principal amount of $550,000,000.

1. 01

   The company entered into an underwriting agreement with the underwriters on August 1, 2024 to issue and sell senior notes due 2029 with a coupon of 4.900%, in an aggregate principal amount of $550,000,000.

2. 02

   Under the same underwriting agreement, the company also agreed to issue and sell $700,000,000 aggregate principal amount of its 5.200% Senior Notes due 2034. The offering is a registered public offering under the company's Form S-3 shelf registration statement.

3. 03

   The company said it intends to use the net proceeds of the offering to repay a portion of the outstanding indebtedness under its commercial paper program and to pay related fees and expenses.

4. 04

   The company said BofA Securities, BNP Paribas Securities Corp., MUFG Securities Americas, PNC Capital Markets, RBC Capital Markets and Truist Securities are the representatives of the underwriters. It said it issued press releases on August 1, 2024 announcing the commencement and the pricing of the offering.

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

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