The company said it completed the offering of 5.000% Senior Notes due 2034 with an aggregate principal amount of $650,000,000. The notes mature on February 14, 2034, and the offering was completed on February 14, 2024.

1. 01

   The company said it completed the offering of 5.000% Senior Notes due 2034 with an aggregate principal amount of $650,000,000. The notes mature on February 14, 2034, and the offering was completed on February 14, 2024.

2. 02

   The company said interest on the notes is payable each year on February 14 and August 14, starting on August 14, 2024. It may redeem the notes at a make-whole premium before November 14, 2033, and not at a make-whole premium after that date but at 100% of principal plus accrued interest.

3. 03

   The company entered into an underwriting agreement with BofA Securities, Inc., Goldman Sachs & Co. LLC and MUFG Securities Americas Inc. on February 12, 2024. It said it sold the Notes to the underwriters at 99.239% of the principal amount, and the underwriters offered the Notes to the public at 99.689% of the principal amount.

4. 04

   The company said it plans to use the net proceeds of the offering for general corporate purposes. It said these may include funding part of the purchase price for the remaining interest in DECIEM, operating expenses, working capital, capital expenditures, and redemption and repayment of borrowings, including commercial paper as it matures.

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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