AI English summary of an SEC filing — figures as filed
Ecolab ECLEcolab agreed with Barclays Capital Inc., BofA Securities, Inc. and Santander US Capital Markets LLC, as representatives of the underwriters, to issue and sell $500 million principal amount of 4.300% Notes due 2028 under an underwriting agreement signed on May 27, 2025.
Key points
AI summaryEcolab agreed with Barclays Capital Inc., BofA Securities, Inc. and Santander US Capital Markets LLC, as representatives of the underwriters, to issue and sell $500 million principal amount of 4.300% Notes due 2028 under an underwriting agreement signed on May 27, 2025.
The company said it completed the offering of the Notes on June 5, 2025, and that the Notes were issued under the Base Indenture and the Thirteenth Supplemental Indenture. It said it plans to use the net proceeds for general corporate purposes, which may include repaying debt.
The company said the Notes bear interest at 4.300% per year, payable semi-annually in arrears from December 15, 2025 on June 15 and December 15 each year, and mature on June 15, 2028. It said it may redeem all or part of the Notes at its option before May 15, 2028.
The company said that if certain change of control events specified in the Indenture occur, it must offer to repurchase the Notes at 101% of their principal amount, plus unpaid interest. The Indenture contains covenants that restrict liens to secure debt, sale and leaseback transactions, and transfers of property, stock or debt of restricted subsidiaries to unrestricted subsidiaries.
Summary
AI-writtenAnalysis 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.
$500 million 4.300% Notes Due 2028 Issued
Ecolab agreed with Barclays Capital Inc., BofA Securities, Inc. and Santander US Capital Markets LLC, as representatives of the underwriters, to issue and sell $500 million principal amount of 4.300% Notes due 2028 under an underwriting agreement signed on May 27, 2025.
Source · Based on the filing body and exhibits
Notes Issuance Completed on June 5, 2025; Use of Net Proceeds
The company said it completed the offering of the Notes on June 5, 2025, and that the Notes were issued under the Base Indenture and the Thirteenth Supplemental Indenture. It said it plans to use the net proceeds for general corporate purposes, which may include repaying debt.
Source · Based on the filing body and exhibits
Interest Payment Schedule, Maturity and Optional Redemption Terms
The company said the Notes bear interest at 4.300% per year, payable semi-annually in arrears from December 15, 2025 on June 15 and December 15 each year, and mature on June 15, 2028. It said it may redeem all or part of the Notes at its option before May 15, 2028.
Source · Based on the filing body and exhibits
Change of Control Repurchase Offer Obligation and Covenants
The company said that if certain change of control events specified in the Indenture occur, it must offer to repurchase the Notes at 101% of their principal amount, plus unpaid interest. The Indenture contains covenants that restrict liens to secure debt, sale and leaseback transactions, and transfers of property, stock or debt of restricted subsidiaries to unrestricted subsidiaries.
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
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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